The Company is in the business of developing, building and operation of a 50,000 sq. ft. beverage eco- packaging project in Alpha, NJ. The project consists of utilizing a natural mountain spring water site; along with the use of borrowers enhanced/flavored spring water brands and an international construction company willing to collaborate to build out and equip a “unique one of a kind” environmental friendly soft packaging plant for beverages. The project will utilize proprietary manufacturing unique to the JV.
Bridge funds are to be used towards the pre-operation of a Joint Venture, development, building and operation of a 50,000 sq. ft. beverage packaging project in Alpha, NJ. The JV currently under contract between and among the borrower who owns a trademark brand of enhanced/flavored spring water beverages and an international construction company willing to collaborate to create a “unique one of a kind” environmental friendly soft packaging plant for spring water based beverages. Hence, borrower is seeking a short term bridge for pre-operating capital to immediately begin the construction approval process of the project and in the interim to take advantage of a sales contract to initiate product sales thus begin the business operation.
The bridge funds of $750,000 plus interest and fees will be repaid from the second tier funding. Over time, the borrower’s JV Partner has committed $16M to the project and borrower will make a $4.5M contribution. The bridge would be repaid prior to land acquisition and building construction.
4.5 Million can be equity investor.
Asking Price Between $500,000 and $1,000,000
Sales Available On Request
Profit Available On Request
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