Ranjan Reddy
Canton, MI (USA)
Role(s):
Founder/Owner/Principal
GCA
Find More Startups
Startup
Location:
Canton
Industry:
Investing
Year Founded:
2008
Number Employees:
1-10 people
Description:
Global Commodity Associates, LLC (GCA) is a Michigan based company located in Canton, Michigan. The nature of GCA’s business operations is in the area of acquiring and selling (exporting) of reusable commodities like steel & alumunium (scrap) to the developing countries.
GCA has identified the niche for export of scrap to the overseas markets especially to countries like India & China where it has developed business relationships & contacts. In addition GCA has its business operations & presence in India.
GCA is currently involved in various projects that are of high value with intense capital requirements whereby the partners have exhausted personal funds which led to aggressively looking for investors in the areas of working capital and capital expenditures. GCA offers a lucrative return on investors investment. GCA’s offer is as follows:
- Investment needed $500,000.00
- Investment payback period 3 months – 6 months
- Investment type is either bank guarantee utilizing personal collateral in securing a line of credit with a local bank which GCA has already been working with or personal funds thru check or wire transfer
- ROI of prime plus 5 which will be as follows: (Prime = 5% + 2 points + additional 3 points from GCA)