We have identified an opportunity in our marketplace to provide collateral loans to companies needing liquidity, which have large numbers of inventory.
Stage
$500K in TTM Revenue
Industry
Other
Location
Antwerp, Belgium
Currency
USD
Company Summary
I can provide loans to fellow diamond companies, and take ownership of their diamonds as collateral. I would actually own them for seventy cents on the dollar. I can charge them 1.5% - 2% per month on the loan. No one in Antwerp would sell their diamonds for 70% on the dollar, unless they absolutely trust the company they are selling to. Because of the extreme need for cash, and our reputation in Antwerp, we already have a huge demand. Cash Cow!