Roxie Demler
Newton, UT (USA)
Role(s):
Founder/Owner/Principal
Shane Demler Masonry Inc
Find More Startups
Startup
Location:
Newton
Industry:
Construction
Year Founded:
1996
Number Employees:
10-50 people
Business Stage:
Growth (profitable)
Entity Type:
"S" Corporation
Description:
Large commercial and residential subcontractor. We have between 10 and 50 very good employees working and counting on us. We would like to get an interest only loan of 632000 for about 10 years with a balloon payment. We would use it to pay off an existing credit line and equipment. We have over 1 million dollars in equipment and only owe on about 300 thousand of it. The rest is paid for and we would be glad to use it for collateral. We need to get this done so we can become extremely competitive in this unstable economy and come out of it on top. We have an incredible reputation and excellent credit. We have never walked away from a bill or a project. Our reputation is extremely important to us. We also have about $400,000 in equity in our own personal property that we are willing to put up for collateral if needed. We can send photos and descriptions of all if needed. We have been doing over 5 million a year in sales until this year and we will still do over a million in sales in this economy. Please consider funding us and help us get through this as a small business.