Todd T. Whitmore
Lumberton, NJ (USA)
Role(s):
Founder/Owner/Principal
The WB Group dba.The WB Line
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Startup
Location:
Lumberton
Industry:
Retail/Clothing
Year Founded:
2004
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Limited Liability Company
Description:
The WB Group is looking for $500k in Startup Capital so that we can initiate our Retail Import/Export business.
The WB Line will be a Veteran and Minority-owned Import/Export subsidiary of The WB Group, LLC, which will distribute, sell, market and deliver all types of affordable “natural” cosmetic products and day spa treatment therapies to women in the foreign market place. The main focus will be centered on providing these services to the female consumer community with personal service, which is something that they do not get from current providers. We will also have a strong focus on providing jobs and training to the community residents, which will be where our employees are hired.
$48k was invested previously and the products were submitted for approval with The Dominican Republic's Ministry of Health, however the process wasn't completed. We need the infusion of capital to continue the process of getting this Import/Export business started.
Also, we had a soft LOI from a company out of Asia for $150K, which is being revisited.
The WB Group will consider all inquiries, funding types and sources of funds.
Requested Investment: $500K
Proposed Interest Payment: Negotiable
Proposed Total Repayment: Minimum 24 Months
Requested Moratorium: 6 Mnths
Thank you for your time and any consideration.
Sincerely,
Todd T. Whitmore
President/CEO
The WB Group
(Phone # removed)