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Green Building Material Eliminates the Need for Lumber in Residential and Commercial Structures

Joel Rubin Mon, 2009-11-02 13:13

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Joel Rubin · Mon, 11/02/2009 - 14:13

Business

Business Overview: 

NextBlok has invented a new patented method of building heavy frame housing that will become the next modern way to build throughout the world. In fact it will make a revolutionary shift in the ways that housing is built. It will soon become the default building material of the modern world. Here in the United States the default building material is wood; in Mexico and all of Latin America, the default building material is cement blocks.

Project Type: 
Industry: 
Project Location: 
Sherman Oaks, CA, 91403
United States
See map: Google Maps
Project Website: 
http://nextblok.com/
What are your future milestones, and how much capital will you need to achieve each of the milestones outlined?: 

In our Business Plan

How many future rounds of financing do you project? : 

In Our Business Plan

Services Desired: 
Grant Writer
Capital Broker/Dealer
Who is the Customer?: 

Homeowners and home builders

What is the Customer Pain that you are solving?: 

The product reduces energy costs by up to 50% according to a Federal HUD study and is 30% Less expensive to build with than other similar products.

Technology

What makes the technology/business unique and have a defendable competitive advantage?: 

This is a LEED certified technology that is :

1. Able to withstand earthquakes of a 7.5 magnitude

2. Resistant to fire, hurricane and up to category 5 wind speeds

3. Impervious to water and toxic mold

4. Will not allow for termite damage or other pests

5. Reduces energy costs by up to 50% according to a Federal HUD study

6. 30% Less expensive to build with than other similar products

7. Reduces framing costs over conventional lumber

8. Infinitely quieter inside than a traditional wood frame home

9. And the product is Triple Green

Patent Numbers (Filed/Approved): 

In Our Business Plan

Team

Steve McGuire

Financials

Amount Sought: 
$12,000,000
If raising funds, what shall the funds be used for?: 

PRINCIPALS ONLY- We are looking to partner with environmentally conscious investors, builders and others to help bring this technology to market right away. Our product can be used in residential and commercial buildings, and has the ability to virtually eliminate the need for cutting down trees to build a house.

Funding Stage: 
Early/Seed

Testimonials

John Ward

Hello Joel,

I have a green investor that may be interested, but I need more details to present to him before I introduce you. Couple of quick questions: 1)will you be acquiring Commercial Real Estate as part of this fund request, and 2) what is the expected job creation projections of this endeavor. I'm happy to sign a NDA.
Please call or write if you are interested.
John Ward
617.858.6150
forwardfivefunding@gmail.com

Wed, 08/17/2011 - 19:45
rob robinson

Private Business Funding

The program will fund up to 5 times your business bank account average balance. Your Current Business Bank Account balance must show $10,000 dollars to qualify. Plus you are allowed to increase your funding line if you desire.

24 Hours Approval Process.

Up to $10 Mil Cash Credit Line In Your Account in 7 – 10 days

* No impact on your ability to qualify for other financing sources

* No business use restrictions on the funding

* No collateral pledge on your home or business

* No effect on your credit score, nor does it show up on the report

* No upfront fees

* No Assignment of receivables

* No pre-payment penalty

* No Merchant Account Required
Terms:
1 Day - 12 Months Pay Back –Payback Extension Allowed

38% CEF Cost (Cash Equity Funding)
2% - 4% CEP Cost - Due After Funding (Cash Equity Processing)

Mon, 08/29/2011 - 10:38