Venture Capital Firm International Futures Exchanges Group CEO Michael J Colasurdo announced today that IFEG have contractually agreed to facilitate funding of the new ten locations expansion for Island Jungle Tours Ltd. / Funtasea.
IFEG CEO Michael J Colasurdo states that during these recessionary times where banks are reluctant to lend money to new developing companies, more and more firms with exciting ideas requiring funds to expand are turning to Venture Capital Firms.
Mr. Colasurdo also states that this is a very exciting time for small/ medium investors who are battling to locate it financial instruments with higher rates of return when they are receiving interest rates from banks that are actually loosing money after taxes and inflation. These new alternatives are creating new ground for Business expansions in a time of economic contraction and much higher returns on investment than conventional interest rates from the banking industry.
Companies in need of growth capital are willing to offer greater rates of return on investment than could be realized from any conventional banking products and in the case of Island Jungle Tours Ltd. / Funtasea offers hard asset as collateral.
International Futures Exchanges Group is pleased to assist Island Jungle Tours Ltd. / Funtasea with their expansion funding needs.
