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Online Commercial Lending Marketplace-Revenue 4.5mm For Sale

Baltimore, Maryland
Asking Price:
$4,500,000 (USD) Furniture / Fixtures included
Sales Revenue:
$4,623,631 (USD)
Cash Flow:
$901,110 (USD)

This business helps entrepreneurs in need of capital find lenders nationwide. This company is not a direct lender and only matches borrowers with lenders by providing a variety of lending products.

Note: Prospective acquirers will be required to provide a personal financial statement, show proof of funds, sign a non-disclosure agreement and provide a resume to prove capacity to operate this company prior to being disclosed any information.

Property Information

Premises Details:

The business currently operates in 3 separate office locations.

Business Operation

Expansion Potential:

The new owner could establish relationships with traditional lenders who are unable to fund business customers through conventional financing.

Competition / Market:

The business competes with other online lending marketplaces.

Reasons for selling:

Pursuing other business ventures.

Trading hours:

Monday-Friday 9am-5pm

Employees:
9 FT/ 0 PT
Years established:
13

Other Information

Support & training:

Will train for 4 weeks @ no cost.
This business is not regulated and does not require any special skills. They are not a direct lender. The forms of funding they offer are Business Credit Cards, Lines of Credit, SBA 504 & 7(a) loans, equipment loans & leases, pre-tax financing and revenue-based lending.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$500,000 down/$500,000 for 60 mos. @ 8.50%/ Other Financing

Furniture / Fixtures value:
$30,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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