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Looking for angel investor for startup capital
Posted by: Arnold Tevera Mawere on 7/20/2010 10:52:59 AM
Funding Needed:
$250k - $500k 		Category:
Travel / Transportation 		Website :
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Location :
Gaborone, Botswana 		Viewed : 244 times
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Description:
We are a newly registered company in Botswana. We want to go into the Tipper Trucking business. We have secured a contract subject to us acquiring two Tipper Trucks 40 cubic. We have working capital. We are looking to an angel investor to help us purchase the trucks. The trucks cost BWP 1 600 000. ( 1USD= approximately 6.5BWP). Our plan envisages a repayment over 5 years for the purchase of the trucks. Our plan is to repay the investor at 14% per annum. The rate can be negotiated.

We expect to be self financing in 5 years.


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