Jared Smith
Orem, UT (USA)
Role(s):
Founder/Owner/Principal
iLife Products, LLC
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Startup
Location:
Orem
Industry:
Retail/Clothing
Year Founded:
2010
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
We are looking for a loan option to expand our business, iLife Products, LLC, which has now grossed $50,000+ in 4 months (see attached documents). We use long-learned expertise to nail the products selling best on (URL removed) and make an average of 50% margins on all products we sell. We are growing fast, and have only had 5,000 of our own personal capital to build this to where it is now.
We have investors who want equity in the company, but we do not want to loose ownership in our company. Please let me know of any loan options. We do not have collateral for this loan, just accounts receivable, but (URL removed) is our merchant processor, and we cannot change that.