$3m+/- EBITDA, trending upward!! MULTI-LOCATION INSTALLMENT CONSUMER LENDER - TEMP OFF MARKET

MULTI-LOCATION INSTALLMENT CONSUMER LENDER - $3m+/- EBITDA. The target is a Consumer Finance company which services un-banked and under-banked borrowers at interest rates which are charged Bi-weekly. The first of the two entities offers Installment Loans and Secured Loans anywhere from $200 to $1480 to their clients. The second entity is a CSO model, and offers Cash Advance Installment Loans of up to $1,000 and Title Installment Loans up to $5,000 which are secured. The company charges interest, calculated weekly or bi-weekly, and is legally permitted charging upward of a total 728% interest annually. Additionally, the company utilizes propriety software developed by the founders (not included). Between both entities, the companies average anywhere from $12m-$14m+ in total loans issued between both entities per year. Management teams are currently in-place, both on the regional and local levels, and the entities could see exponential growth by offering additional services at its’ locations and availability of instant funding online. Loan receivables/working capital not included in asking price.