Rob Rhoades
Rialto, CA (USA)
Role(s):
Odin Enterprises, LLC
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Startup
Location:
Chino
Industry:
Technology/Web
Year Founded:
2007
Number Employees:
INVALID
Description:
We are a company that is helping finance a San Diego, CA company that locates and sells hard to find electronic parts to US Govt. Sub-Contractors(Mostly Military). We started out in Jan. 2006 with a personal investment of $160,000, and through friends and family, at present we have $2.2Million+ a month we finance with a 10%+ ROI per 60 day contract($4.4M+ Total Investment). We have 2-60 day contracts, with one maturing each month. We have total projected annual financing sales of $26.4Million. His company at present does approximately $6Million+ a month, we are 33%+ of his cash flow, and are looking to get to $20-$25Million a month in contracts. He has contacts he has not approached because he has not been able to raise enough funds for the larger contracts.