TreeTrunk Group

by RAHIM DAMJI


LENDRS

0

FUNDED

$50000 (100%)

DAYS LEFT

Ended

Our Story


The Future is in Platforms, Not Products

Treetrunk Inc. has created a logistic platform that greatly improves the efficiency of the real estate sector. Their software connects realtors with service providers, eliminating middlemen, while drastically improving the efficiency and ease with which transactions are done. Their platform acts as a one stop shop for ordering everything from measurements and house photos, to sign printing and placement. Not only is the platform intuitive, but the business model inherently encourages service providers and realtors to join.

 

Our Story

It should be a surprise to no one that in our world of Uber, AirBnb, Skipthedishes and countless other connecting technologies, that platforms are king. In the sharing economy huge value can be derived simply from connecting those who have excess of something with those that are willing to pay for it. It is becoming more the norm than the exception that slow-to-change industries are being disrupted by technologies such as these that are able to expand rapidly and are infinitely scalable.

Rahim Damji, the founder of Treetrunk Inc, is doing just that with the real estate sector. Having grown up in real estate, working with his father who is a real estate agent, he started to notice inefficiencies. He continued to be involved in the sector, initially building a marketing company focused on real estate that became so busy that they needed to find a more efficient way of managing their clients and keeping the service levels high.

They started to build a logistics platform for their use internally, but they soon realized they had stumbled on something much greater in the process. Their platform was well built and incredibly versatile. It allows an end user, like a real estate agent, to simplify their business in a way that wasn’t costly, or only available for the most successful real estate agents. Unlike sale by owner companies, who disrupt the industry by offering services directly to homeowners, Treetrunk sees real estate agents as centers of influence, who just need a bit of help adapting their industry to be future proof. After years of development they are now expanding rapidly into different markets, with Vancouver, Toronto and some American cities on the horizon.

 

The Next Big Step

Treetrunk’s business model is easily scalable and they are growing rapidly. However, they have no interest in giving up any ownership of their company in order to fund their growth. They are seeking a $100,000 loan through ATB LendR to assist them in this growth by:

  • Continuing to refine their platform

  • Helping them expand their marketing as they move into additional markets

  • Help them bring on more suppliers and real estate agents

 

Team


Rahim Damji

Rahim Damji, the founder of Treetrunk Inc, is looking to change how we think of logistics, starting with the real estate sector. Having grown up in real estate, working with his father who is a real estate agent, he started to notice perceived inefficiencies. He continued to be involved in the sector, initially building a marketing company focused on real estate. Soon, they were so busy that they needed to find a more efficient way of managing their clients and keeping the service levels high. That led to the development of their www.forsmartagents.ca platform which is now revolutionizing the way that real estate agents do business.

Lending Profile


About the Business

TreeTrunk Inc.

216c 4850 Westwinds Dr NE

Calgary, AB

T3J 3Z5

403-630-6870

Treetrunk Inc. is an Alberta Corporation.

 

Key Personnel

Rahim Damji, the founder of Treetrunk Inc, is looking to change how we think of logistics, starting with the real estate sector. Having grown up in real estate, working with his father who is a real estate agent, he started to notice perceived inefficiencies. He continued to be involved in the sector, initially building a marketing company focused on real estate. Soon, they were so busy that they needed to find a more efficient way of managing their clients and keeping the service levels high. That led to the development of their www.forsmartagents.ca platform which is now revolutionizing the way that real estate agents do business.

Rahim Damji owns 100% of the company

 

Description of Business

Treetrunk Inc. is a customer-centric company focused on helping industries adapt to our ever changing world. It has created a logistic platform that greatly improves the efficiency by which clients connect with service providers. Their initial focus in on the real estate sector. Their software connects realtors with service providers, eliminating middlemen, while drastically improving the efficiency and ease with which transactions are done. Their platform acts as a one stop shop for ordering everything from measurements and house photos, to sign printing and placement. Not only is the platform intuitive, but the business model inherently encourages service providers and realtors to join.

 

Use of the Funds

Treetrunk’s business model is easily scalable and they are growing rapidly. However, they have no interest in giving up any ownership of their company in order to fund their growth. They are seeking a $100,000 loan through ATB LendR to assist them in this growth by:

  • Continuing to refine their platform

  • Helping them expand their marketing as they move into additional markets

  • Help them bring on more suppliers and real estate agents

Terms of LendR Loans

Loans will have a term of 2 years (24 months), beginning after the loan is successfully funded. Treetrunk  Inc. will repay the principal plus 15% interest, calculated as a blended loan. Treetrunk Inc. will make monthly payments of 1/24 the total repayment amount. If Treetrunk Inc. chooses to repay the loan early, the principal plus the full interest remaining in the 24 month period must be paid.

 

Risk Factor

Treetrunk Inc. has been in business for less than 2 years. There are financial, operational, and market risks for any business. Some that apply specifically to this business include:

  • Suppliers not wanting to work with them

  • New competitors could enter the market at any time

 

Certificate

This Lending Profile does not contain a statement that, in a material respect and at the time and in light of the circumstances in which it is made, is misleading or untrue and it does not fail to state a fact that is required to be stated or that is necessary to make a statement not misleading.

Certified as of: December 22, 2017

By: Rahim Damji

 

 



Launched:
Funding Ends: 22-Mar-2018
Amount Required: $50000
Term: 24 months
Interest Rate: 15%

Campaign Funded

Campaign by

TreeTrunk Group

https://www.forsmartagents.ca
Calgary