J. Scott Towne
Colorado Springs, CO (USA)
Role(s):
Founder/Owner/Principal
LegalCollections.com, LLC
Find More Startups
Startup
Location:
Colorado Springs
Industry:
Legal
Year Founded:
1998
Number Employees:
10-50 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
We are a synergy of commonly owned entities focused on consolidation, automation, and technology in the debt collection, transaction processing, and global talent markets. With non-mortgage consumer debt hovering just under $2 trillion, our opportunities for expansion and growth are effectively unlimited. We seek a financial partner to assist us in our plans for rapid expansion. We are looking for a blended debt and equity package of approximately $3 million. Capital will be used solely for selected acquisition of existing businesses and debt inventory, particularly in distressed opportunities. No funding proceeds shall be used for existing Administrative and General overhead, provided maximum leverage for funded investment.