Dennis Constan
Moorestown, NJ (USA)
Role(s):
MML
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Startup
Location:
Moorestown
Industry:
Software
Year Founded:
1989
Number Employees:
INVALID
Description:
Company provides Internet secure file transfer software solution to Fortune 2000 companies.
Dennis Constan seeks to purchase said company from current owner. Current owner is one individual. Current owner has other opportunities he is currently vested.
I have discussed the concept with current owner and he is amenable to listen to a proposal from me.
I am seeking an angel investor who wishes to provide loan money for me to purchase company. Current employees will remain.
Angel investor should be interested in an interest rate of prime plus a negociated percentage above prime. The company will be investor's collateral. The company currently has two sources of revenue. First it possesses a recurring revenue of 1.8 million per year from annual software and support fees. Sec