James is looking for financing to use in the purchasing of more blowers, bases, molasses and hard aluminium. He is also planning to employ more person so that he can easily expand the business. Given the funds he will be able to assemble the weighing machines himself without using the middlemen which will increase his profit in return.
James started his firm in 1994 after saving some money from his former employment. He makes weighing machines and car spare parts. He sells most of his products locally. The business has 6 employees.
Bid Amount: 5.00
Interest Rate: 12.00 %
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