Korea Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
This is Car title Loans and Payday Loans business. Established since 2012. Located in high density neighborhood and busy intersection (across from a Wal-Mart). Car Title Loan is a title loan (or pink slip loans). It is a quick and convenient way for people who own their car or motorcycle as collateral to get fast cash. We have lower rates than other competitors.
Usually the rates are over 100% APR and more.
Payday Loan is a short term cash advance up to 30 days.
Most payday loan customers pay back in 2 weeks until their next payday.
Payday loans' average interest rates are about 400% APR.
Personal Loan can be added. There are limited competition in the personal loan services. If you have sufficient investment, you can take big share of this loan industry.
And if you are a right person, there is tremendous growth opportunity in this Title loan and Personal loan business.
Asking $65,000 plus outstanding loans.
Fixture and equipment are included in the asking price.
Buyer Support & Terms
Support and Training
Background & Skills
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