30Apr/10Off
Funding Agreement Between Med Gen Inc. and the N.I.R. Group
In important business news, Med Gen Inc. recently announced that they have signed a deal with the N.I.R. Group, LLC whereby the N.I.R. Group will help to fund Med Gen Inc.’s new direction. The N.I.R. Group, where Corey Ribotsky is the Chairman and Chief Executive Officer, will provide Med Gen Inc. with up to $1.25 million dollars. This funding will include an immediate cash infusion of $100,000 in two payments and an additional $1.25 million dollar line of credit for the company to draw upon monthly.
"I hope this demonstrates to investors that we are serious about building a solid national business brokerage company that will lead the market in this very lucrative industry," said Raymond Barton, Med Gen's CEO. "This will allow us to dominate the fractionalized business broker industry and emerge as a clear leader in today's favorable economic climate for business brokering."