steven zhang
scarborough, ON (CAN)
Role(s):
elom international ltd
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Startup
Location:
scarborough
Industry:
Manufacturing
Year Founded:
2008
Number Employees:
INVALID
Description:
a glass manufacture want to expand and need cash flow,
we are currently doing glass cutting, polishing,and bevelling, we want to buy tempering line to do the glass tempering business. we need several machines to feed the tempering line. the tempering line was over CDN$1,000,000
but we can get a very good one from china , the price only
around $400,000. the other machinary will cost $200000. we will get loan from the bank for most of the machinary based on our currently business, but we need cash flow about cnd$500000. we project that we should get all the invest back within 3years.