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Publication: 06:27, 03.02.2020No. of the advertisement: 1009

South African Connectivity Provider looking for working capital.

Johannesburg, South Africa

What is your idea / business and to whom is it addressed?

We are a newly formed South African Internet Service provider. We service the Southern parts of Gauteng, with plans to move nationwide over the next 3 years. Our primary goal is to increase our collections capacity, this will inturn allow for the more rapid accumulation of customers. Additionally, we require capital for marketng collateral.

How should the idea/business earn money?

We are a privately owned company. The primary source of income are the sales of connectivity services. Secondary Income, new installations and a third income stream connectivity devices.

At what stage is the idea / business at the moment?

We are s a startup, the business was started in Oct 2019, so far we have developed our online sales channel completed it in November we have so at this point accumulated 9 residential sales in the months December and January with no advertising at all. We are now fully confident in our sales, and support processes and are ready to push for higher sales numbers.

What do you need?

We need $40000.00 Working capital to secure a collections facility from our bank, this will allow smooth collections from clients and will allow us to grow our customer base without any issues in the account collections portion of the business. Additional runway of $20000.00 is required to secure additional staff as we grow our customer base. For a detailed overview of how your investment will be allocated feel free to contact me with the contact details in the post.

60 000,00 USD

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