International Fabrics & Creations
News
Philadelphia PA
17 February, 2022
11:27 AM
Description
This is a paid post contributed by a Patch Community Partner. The views expressed in this post are the author's own, and the information presented has not been verified by Patch. ANN MCGLAUFLIN - Creative Artist, Textile Entrepreneur This talented creative artist specializing in textile materials that are innovative and in demand through the textile industry seeks financing in the amount of $100,000 to offset deposits and "wait-time" while her unique textiles and materials are tested and manufactured to the demands of clients with special needs and who, themselves have specialized clients to whom to sell. Funds utilized beyond those cited above will be used for expansion including addditional professional personnel familiar with the industry's needs. She travels extensively testing various fabrics and materials with innovative capabilities that often have unique qualities and characteristics preferred by sophisticated clients who are themselves testing unusual markets with very large demand. For example, most who have seen various current TV ads would recognize those boasting of specialized cotton for bedding materials to include pillows, cases, sheets and mattress covers all from materials with specialized characteristics. Other specialized materials include uses for undergarments of which there are now several companies vying for the consumer dollar. There are always new applications for specialized fabrics and materials for which Ms. Mcglauflin seeks useful end promise. There are always new projects and new products in line. The missing ingredient is funding. The markets identified above and ongoing are exploding all because of the unique creative ability of experts like Ann Mcglauflin. Funding is the key to success in this unique business. Speed and adequate funding are mandatory for success. Ms. Mcglauflin travels extensively in search of clients and materials to meet today's demands. A good deal of this travel is in countries where these materials can be found. Currently she can be found in the Far East , where, you might recognize, we find many of our clothing materials. She works with the manufacturer and oversees the demands the project requires. While she is homebased in New Jersey she travels wherever needed. The demands of this burgeoning industry and her dedication to her craft require continuing access to funds. Presently she is at the forefront of this distinctive business which requires talent, design and materials expertise. However, without proper funding this window will quickly close. Use of Funds. This first tranch of funds will be utilized to add an additional member to the team whose prime function will be to travel in other parts of the world seeking new and innovative materials. Some funds will be necessary to pay for deposits and "wait time" Other uses will be directed toward Research and Development and to satisfy current Payables. With the addition of this first $100,000 revenues should double. An appropriate Senior Promissory Note will be available to return along with your Investment. The $100,000 presently being funded will be utilized as received. The Notes will mature at the end of the 24 month period. Interest on the Notes will be paid annually for the first two years on ther anniversary date of the investment and the principal at the end of the 24 month period. There may be subsequent funding as projects demand. Any subsequent funding will be Junior to the current Senior Notes. Investment in these Senior Notes will be accepted in $5,000 increments or greater. Lesser amounts will be considered as requested. Questions or expressions of interest can be directed to: Richard W. Kershner. Senior VP International Fabrics and Creations 1320 Route 9 N Suite 2 Cape May Court House, NJ 08210, or [email protected] or 609-369-8358 This post is an advertorial piece contributed by a Patch Community Partner, a local brand partner. To learn more, click here
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