Image Protect, Inc. has announced the securing of initial funding aimed at supporting its two subsidiary companies, Review Control and 2CentTexts.com. This financial boost comes through a strategic arrangement with MJW Capital Funding LLC, involving a non-convertible note that carries an 8% annual interest rate. The funding is set to propel the company's growth in the competitive sectors of online reputation management and business communication services.
Michael Walsh, manager of MJW Capital Funding LLC, shared his confidence in the potential of Image Protect and its subsidiaries. He underscored the importance of this initial capital injection for launching Review Control and 2CentTexts.com into their respective markets. The funding is expected to enable both subsidiaries to establish a more robust market presence and further develop their innovative service offerings.
CEO Mr. Ballas highlighted the critical role of the funding in launching products and services tailored for the business-to-business online review and text message market segments. With services designed to cater to businesses of all sizes, Image Protect is eyeing a potential market of over 30 million businesses in the United States alone. Review Control Reputation Management, established in 2018, offers a subscription platform starting at $59 per month, aimed at helping businesses improve their online reviews. This service seeks to enhance search rankings, attract more customers, and ultimately increase business value through strategic review management.
On the other hand, 2CentTexts.com provides a business-to-business text marketing service equipped with SMS and MMS capabilities. This platform allows businesses to engage with their customer base through targeted messaging, including updates, promotions, and service reminders, with the objective of boosting customer retention and driving incremental sales.
Image Protect's commitment to innovation and growth in the ever-evolving domains of online reputation management and business communication services is clear. The initial funding from MJW Capital Funding LLC marks a pivotal step in the company's strategy to broaden its market reach and deliver valuable solutions for businesses aiming to strengthen their digital footprint.
