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Investor's DREAM ....revolutionary business concept..exclusive
Posted by: mike beck on 11/17/2009 8:42:30 PM
Funding Needed:
Under $100k 		Category:
Travel / Transportation 		Website :
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Location :
san pedro, USA 		Viewed : 305 times
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Description:
The main objective of our new business venture is to dominate the buying of debt (invoices over 90 days) of freight companies located here in southern california.
We have already secured contracts for buying Paper(invoices) from .10 to .25 cents on the dollar that are 90 days past due totaling $750 K. We have estimated that the cost would be between $90 and $100 K. We anticipate to earn at least 300K from buying this lot ( totalling $750K ). The opportunity is big and so are the profit margins. Freight companies are desperate to unload their debt to get the necessary capital to keep their trucks running.

As a whole United Transport Debt Mgmt. has over 25 years of trucking experience , and have found out the hard way that it's better to on the collection side of things rather than the shipping side. Due to our proprietary method of collecting old invoices(DEBT) , we plan to dominate the freight debt buying business , which amounts to over $1 billion dollars. Our first goal is to lock up the business in california first, which alone totals at least $20 million in bad freight debt alone.

Our motto is: find out where everyone is going , and get there first. With the right funding partner , the sky is the limit.

Returns from venture should net at least 100 to 200% returns

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