I have 8 new deals for your consideration today.
Buy/sell/invest in small dollar lending/SAS/Cannabis companies. (PS: If YOU have a “deal” reach out! See below)
In no particular order:
- Goal: Capital raise in order to fund additional consumer loans employing the State licensing loan model.
- Investor(s) needed.
- Small Mngt. Team has nearly 50 years combined experience.
- Company has funded tens of millions of dollars of consumer installment loans during the past 18 years via stores and the Internet. Avg. consumer loan = $500.
- Debt & equity capital infusions considered.
- Licensed New Mexico “Small Loan Company” Acquisition Opportunity
- Brick & Mortar Retail Store Location Offering Installment Loans
- As of May 2018:
- Location in Albuquerque, New Mexico
- Employee operated
- Consumer Loan Term 6-12 months/ Max APR 175%
- $85K portfolio
- 500 past borrowers not active but in good standing for future loan transactions.
- New NM rules in effect: Current portfolio is a majority of “Unsecured Installment Loan Rule of 78th.”
- 5-year Gross Revenue History avg. $300K/month
- Other Details of Interest:
- Simple Interest Loans are no longer offered in NM due to new regulations effective January of 2018.
- Meaning? Zero fear of potential new laws in foreseeable future; overcomes the proposed CFPB payday loan rule.
- All Loans passed 2018 State of New Mexico “DFI” examination.
- Asking Price: $150,000.
- Need a bank – an ODFI – for your loan operation? Need ACH, debit and credit card processing? Tribe & State licensed welcomed. Easy on boarding process. Startups considered. ISO’s and brokers not welcome; no middlemen. You deal with the bank. No one has better rates!
- Entrepreneur with 20+ years title loan and check cashing experience seeking additional funding for Florida title loan, multi-store startup. Co-founder of original Florida Check Cashers Assoc. High-tech founder re-entering the B2C lending industry. Equity/debt relationship… Noteworthy why? Because the small dollar lending environment has become VERY positive in light of recent regulatory developments, CFPB changes, Fintech, the economy…
- 10+ loan stores available in the Greater Ontario Area operating under a variety of brands. Can be assimilated under one “umbrella.”
- CSO/CAB El Paso Texas. Buyout a partner who is ill? Possibilities are extensive. Locally owned. Survived city ordinances… Great opportunity to enter the #2 small dollar loan market in the world; Texas.
- State-of-the-art, small dollar loan management/website builder SAS company with existing clients in the USA & Canada looking for a U.S representative for marketing, introductions, trade shows… Equity considered. Standout SAS loan software with recurring monthly revenue: MRR.
CANNABIS OPPORTUNITY 8:
- MANY of my readers have been with me since the early 2000’s when I launched this small dollar loan industry Newsletter.
- RISK is in our blood! It’s the nature of lending $$$$$.
- MANY of my readers, friends and ME, have begun investing in cannabis; the fastest growing industry in the world!. I’ve personally funded a few grow facilities, dispensaries and a test lab. I’m into cannabis banking solutions and CBD online credit/debit card processing as well.
- REACH out if you need banking, ACH/Credit/Debit processing, have deals, an interest, or capital you want to put to work in the California marijuana space.
If you are SERIOUSLY interested in any of these opportunities:
- Email Jer at TrihouseConsulting@gmail.com
- TYPE: “OPPORTUNITY & the Number” in your email subject.
- You must include your name & contact info in the Body of your email in order to receive details, investor documents, disclosures… ANY followup!
To forward this or read Online:
Finally, as I usually end these pieces: GO MAKE SOME MONEY! And do a little good while you’re at it!!
Jer – Trihouse Consulting 702-208-6736