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Asking Price$72,500
RevenueUndisclosed EstablishedUndisclosed
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Online Turnkey Micro-lending Installment Loan Company Canada Wide For Sale

Serving CANADA

Asking Price: $97,000 (CAD) (with Loan Renewals)
                       or:  $13,900 (CAD) Turn Key with all systems.
Sales Revenue: $500K - $1M (CAD)
Cash Flow: $100K - $250K (CAD)
Turn Key Micro-Lending Installment Loan Company For Sale

*** up to $4,000,000 of lending capital included in the sale***

(You can access this capital to lend out)

We have been operating Canada-wide with a strong online presence for the last few years, we have developed a system of checks and balances that ease the entry point into this industry with ZERO experience required. Our current system is completely online with no brick-and-mortar overhead cost, our current loan management system operates 95% of the process of underwriting a client's application. Let's dive into the details below :)

Included in the sale: For $97,000.00

1. Complete LMS software (Loan Management Software)
2. Access to 4M in lending capital
3.1000 Renewal clients who have already received one loan and repaid successfully
4. Renewal clients are GOLD in this industry 1000 clients included in the sale value at ($150,000) potential income
5. Access to a LARGE database of clients who don't pay off their loans, to protect you from loaning to them
6. Underwriting IQ: with the experience of lending to over 150,000 people, this software is updated to help predict & expedite your underwriting process with accuracy
7. Complete training and ongoing support
8. Turnkey 3rd party marketing companies that specializes in the short-term lending industry
9. Turnkey website compliant with all ad mediums
10. Fully autonomous staff skilled in customer service and underwriting
11. Legal contracts for lenders (included)
12. Full access to state-of-the-art software to help underwrite
13. First right of refusal for USA expansion

Truly a turnkey money-making opportunity
Turnkey starter packages with Lending capital available

Requirements:
NO Criminal Record
Canadian Citizen or Permanent Residence
At least $50,000 in liquid capital is available
Required to sign NDA with photo ID attached

Vendor financing is available with a 55% deposit balance paid over a 2-year term at a negotiable % rate!

Complete Turn Key business recession-proof, either use staff to run the ship or learn from them and take the reins yourself !!

For more information, please contact us by using the form below.

Property Information
Location:
Canada Wide

Business Operation
Expansion Potential:
High

Competition / Market:
Low

Reasons for selling:
Other business interests partners are splitting

Trading hours:
24/7

Employees:
5
Years established:
2
Other Information
Support & training:
3 Months

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
Vendor financing is available with a 55% deposit balance paid over a 2-year term at a negotiable % rate !

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.
Contact Seller
Ad #144197
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Jackson Greggs
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