Brett Bombicino
Chicago, IL (USA)
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BB Distribution
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Startup
Location:
Chicago
Industry:
Wholesale
Year Founded:
1998
Number Employees:
1-10 people
Description:
To Whom It May Concern,
My name is Brett Bombicino the founder and President and sole owner of B & B Distribution a Chicago based company with offices located in the West Loop of Chicago, IL, and now Highland Park, IL. Since the inception of B &B Distribution in 1998 of which annual sales were $9,000 I have grown the company to over $515,000 in my second year. The following years the business has continued on this track of growth and in 2006 sales surpassed $696,000. In 2007 sales my sales climbed to $722,453. 2008 sales exceeding $840,000.00 and 2009 sales grew to $929,000.00!!! It is my goal to and ambition to grow my sales to over $1,400,000 in 2010.
My principle products are natural treatments and supplements designed to enhance to one’s health and general well being in addition to a line of high end fitness and exercise equipment which is sold on partner websites such as (URL removed), (URL removed) and (URL removed).
The requested loan/line in will be allocated to provide operating capital to fund the surplus of orders that I‘m receiving. In addition these funds will be used to expand my advertising and marketing strategies and maintain a small amount of inventory for display purposes in which to take orders from. Please also keep in mind that during the next 6 months my sales surge due to holiday business which is why I have begun this process now.
I’m seeking a line of credit and or loan in the amount of $350,000.00 (maximum) and a minimum of $275,000. I able and willing to pay a very high interest rate for the amount I’m seeking.
I’m proud to say that 2008 marked the tenth anniversary of my company. Over the past four years my company has been awarded the LaSalle Small Business Award, been featured in numerous publications and magazines as well as the Chicago Tribune.
Sincerely,
Brett Bombicino
President, B & B Distribution
TEL: (Phone # removed)CELL (Phone # removed)