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Newly Established Environmental Services Company Seeking Loan in Grand Rapids, United States

Energy savings company with first exclusive license for a patented technology with 10+ year track record.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity C Corporation
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Environmental Services + 1 more
Locations  Grand Rapids
Local Time 2:07 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 500 thousand for 12.0% annual interest, 2 years (Native Currency: USD 500,000)
Reason: Working capital to finance us through our initial pipeline of projects.
Collateral Available: USD 0
Interested to connect with advisors
Documents
Executive Summary
Business Overview
- Start-up business that is registered in Delaware and operates from Michigan.
- We are an energy savings startup and have secured the first exclusive territory license for a patented technology (process and software) that has been validated and implemented in over 1,000 commercial buildings with $50M+ in generated revenues and tracking to $1 billion in energy savings over the next 20 years.
- We optimize the client's existing equipment and overlay a patented software technology that automates various manual tasks to save energy, time and money.
- We will be the very first licensee with a hold on Michigan, Ohio, and Florida.
- Have a pipeline of $5-10 million in projects and are looking for bridge financing (debt or convertible debt) to bridge us into our first projects.
- Our clients are commercial buildings and properties across Michigan, Ohio, and Florida.
- Projected annual revenue is around $ 2 million at 30% EBITDA.
- Revenue will be generated from the project fee for optimizing the customer’s existing equipment and a SaaS fee for use of our patented software.
- Promoter and the team have more than 60 years of combined experience their field which is related to this business.
Products & Services Overview
Patented energy savings software and proprietary system to achieve energy saving in commercial buildings.
Assets Overview
Licensing agreement for technology and various trade tools.
Facilities Overview
We own the exclusive license for patented technology with permission to operate across Michigan, Ohio, and Florida. We do not any office space and run the business from home-based office.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    VP, HVAC, Rochester, Individual Investor / Buyer connected with the Business
  • Earlier than 15 days
    Owner, Humble, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Director, Kansas City, Business Broker connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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