Vingolf is looking for investors to make a 5 year loan agreement at
the rate of 9% interest for the life of the loan. Investors after the
first eight months of operations will be paid interest only monthly for
the following year and interest and principle in the 21st month following
the an agreed upon amortization schedule . These Private investments will
be used to secure the first quarter of equity to garnish a $1.6 million
dollar mortgage from the SBA and a local banking facility . Prepayments
on the principle may be made at any time by Vingolf LLC to its investors
without any penalty. Late payments after a 15-day grace period, will pay
a late charge of 5% on payments received after the 20th. All monthly payments
should be made on the fourth. Quarterly reports will be made to each and
every investor to keep them informed of Vingolf LLC progress. Use our
Loan Calculator to get an example of Vingolf's amortization payment
schedule and the amount you will earn on your investment. *
After the first five years the LLC will be turned into a corporation with
30% of the initial IPO placed in the hands of the employees and the Town
of Manchester by the Sea after a third party firm does a valuation of
Vingolf LLC. At such time 45% of the companies IPO stock will be available
for these initial investors to roll over to become equity investors in
shares of stock of Vingolf or cash out before hand.
* For estimate purposes only.
Sign our Non disclosure form today and view our Plan for Success to see the profits we have in store for you as an Investor.
Gross profit first year: $1,443,844
Total COGS for year on all services: $139,191
Fixed Expenses: $826,172 (or $1,126,172 with aggressive $300,000 Annual
prepayments)
Sign our Non disclosure form today and view our Plan for Success
to see the profits we have in store for you as an Investor.
