John Spinner
North Syracuse, NY (USA)
Role(s):
The DiMaggio Agencies
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Startup
Location:
North Syracuse
Industry:
Insurance
Year Founded:
2005
Number Employees:
INVALID
Description:
Potential Investors,
We are a one stop insurance company that handles all types of insurance. We currently have four branches in New York. We are looking to expand our operation into Florida. We plan to purchase four existing agencies and a large contracting firm in Florida. We are using a CD Collateralized Financing Program to fund our expansion project. We currently have one million dollars in collateral, which will leverage us approximately a $42 million loan. We are seeking an additional $1 million in collateral. Investors will be paid twice their investment in one lup sum, once we receive the loan(20-45 days). After that lump sum payment, investors will have no further stake in our company. The investment opportunity is essentially zero risk. If the loan does not go thr