Mechantile E&I Corp, dba Ojomon Motors
Project Overview
Mercantile E & I Corp, dba Ojomon Motors provides good reliable Pre-owned vehicles to people with good credit and not-so-good credit. Our market is specifically designed to assist many customers who are challenged by various reasons, which in some cases, are not entirely their own fault. There are many instances in which a customer may have his/her car repossessed due to loss of job, a death in the family, divorce in marriage, student loan debts and so many other compelling reasons, that has created a useful service to the community provided by Mercantile E&I Corp.
Executive Summary
There is an opportunity in Miami, Florida to open and operate an innovative successful pre-owned auto sales dealership with services to assist with financing. I have recognized this opportunity and have decided to move forward with this new company named Mechantile E&I Corp dba Ojomon Motors. The Company will provide a comprehensive selection of high-quality pre-owned vehicles at discount prices, including cars, trucks, and SUVs. I have also recognized the opportunities for offering a wide variety of flexible financing options designed to assist those who may not qualify for a loan through conventional means. Mercantile E&I Corp will serve its areas of business working to make its operation more productive while at the same time controlling expenses. The money required to get the company organized and structured has been provided by me. To make this dealership a reality there will be an amount needed of $12,500,000.00, which will come with the special Crypto leverage program. The $12,500,000.00 is the complete amount needed to develop and operate this business. The money will be allocated to take care of all the requirements including licenses, permits, legal matters, securing the premises, land purchase/ total buildout, equipment, inventory, marketing, insurance, working capital and miscellaneous expenses.
Funds Required
$ 12,500,000.00Draw schedule
First Draw: $ 2,500,000.00Second Draw: $ 2,500,000.00
Third Draw: $ 2,500,000.00
Fourth Draw: $ 2,500,000.00
Fifth Draw: $ 1,250,000.00
Sixth Draw: $ 1,250,000.00