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Listed by:

TaxCash Pay It Forward Corp

Automated Lending Business In London Niagara For Sale

London, Ontario, Canada
Asking Price:
$100K - $250K (CAD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Unleash the Future of Lending with AI-Powered Automation!

Welcome to the future of lending, where cutting-edge AI and machine learning seamlessly integrate to supercharge your lending platform.

Why Choose Our Fully Automated Lending Platform?

More families in Canada are living paycheck to paycheck and current market forecasts project that this trend is likely to increase in 2023-24.

Increased mortgage rates, inflation and a higher cost of living has created unanticipated expenses which leave people in need of short-term loans.

Until recently, people needing short-term financing would turn to one of the approximate 38,000 “brick & mortar” retail locations across Canada. They would apply in person and wait for a retail employee to assess the application. This model is time consuming, inefficient, and carries significant risk to the lender.

Out with the old and welcome to the future of Automated Lending!

Don't settle for outdated lending methods. Embrace the future with our fully automated lending platform, where AI and machine learning work tirelessly to optimize your lending operations.

Instant Lending Power: Say goodbye to slow approvals and hello to lightning-speed lending. Our AI-driven platform ensures instant decisions that put your borrowers on the fast track to success.

Risk Mitigation: Our machine learning algorithms continuously adapt, ensuring you make lending decisions that reduce risk and maximize returns. Watch as AI works tirelessly to boost your profits and keep your lending portfolio thriving.

Enhanced Customer Experience: Borrowers will love the simplicity and speed of our platform. From application to approval, the process is streamlined, making it easy for them to secure the funds they need. With an intuitive interface, applying for loans has never been easier or more exciting.

Real-Time Analytics: Harness the power of data with our real-time analytics dashboard. Gain unparalleled insights into your lending portfolio's performance and make informed decisions that drive growth.

Compliance Assurance: Stay ahead of changing regulations effortlessly. Our platform is designed to keep you compliant, reducing the headaches associated with regulatory changes.

- A successful applicant will require approval by the regional Consumer Protection Agency for the Payday Loan Lending License and sufficient capital to service their market.

- The industry is Federally regulated and governed by provincial laws.

Don't watch from the sidelines as others seize the future. Your success story begins here, and it begins NOW! With only a few territories remaining in Canada, this exclusive opportunity won't last long. The remaining Ontario territory licenses range from $125k to $175k. To be eligible for an Ontario territory, a minimum of $200k (depending on the territory) loan capital is required.

*** PLEASE NOTE: This Licensing opportunity is available to Canadian citizens and/residents only, currently living in Canada.***

Property Information

Location:

Online across CANADA

Premises Details:

Online Only

Business Operation

Trading hours:

24/7

Employees:
30
Years established:
5

Other Information

Support & training:

We provide full customer support, as well as guiding you through the lending licensing procedure in whichever province you choose.

Home based:
This business can be run from home.