Bearing Bank Inc is an online B2B e-commerce platform in the Bearing & Power Transmission industry growing 2.3% annually with a specific pivot towards digitalization. This solution to the industry's pain points benefits both buyers and sellers alike in the total supply chain, including Distributors, Manufacturers and Resellers. Our innovative and disruptive business model aims to supply equipment and parts to the B&PT industry quickly and efficiently through a digital marketplace, minimizing the amount of time and revenue lost due to equipment failures. We will be the first company to significantly reduce the amount of time it takes for the end user to receive the items necessary for continuing operations. We create a one-of-a-kind exclusive pool of real-time inventory, averaging 25% below current distributor cost, attracting purchasing and sales agents. With our proprietary database, the largest in the industry, combined with a built in cross reference, we are able to offer the worlds largest live inventory exchange that exposes excess and slow moving inventory, the largest issue in the industry. As 80% of inventory in the B&PT world is financed, this helps sellers meet their loan contract agreement, mainly inventory turns. As we provide expert industry knowledge and the drive to execute our business plan along with entrepreneurial skills, we are seeking another team member(s) as an investor and mentor on this journey.
Please contact Brandon Kelley for more information.
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