Newly Established Personal Loans Company for Sale in Toronto, Canada
For sale: Company providing rental deposit loans to improve access to housing market in Canada.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | C Corporation |
| Reported Sales | Nil |
| Run Rate Sales | USD 2.64 million |
| EBITDA Margin | 15 % |
| Industries | Personal Loans |
| Locations | Toronto |
| Local Time | 4:30 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
3.7 million
(Native Currency: CAD 5,000,000)
Reason: The business requires an owner that can take it to the next level and has the knowledge in the loan/...
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Interested to connect with advisors
Documents
Domain-Verification.pdf
(213.0 KB)
Business Overview
- This is an innovative new company that seeks to improve access to the rental housing market through rental deposit loans.
- This provides a solution to one of Canada's most acute challenges in a sector for which there is very high demand.
- New company with a growing number of applicants being vetted and pre-approved every day.
- This provides a solution to one of Canada's most acute challenges in a sector for which there is very high demand.
- New company with a growing number of applicants being vetted and pre-approved every day.
Products & Services Overview
Rental deposit loan provider allowing improved access to housing.
Assets Overview
Proprietary score used to determine rental deposit loan eligibility. The website includes an online application tool and dashboard that will automatically approve or decline the application based on the data set provided. If the application is pre-approved, it will prompt the client to complete and finalize the full application form and provide the necessary documents and consents.
Facilities Overview
- We operate in a remote office model.- It does have a physical presence in a corporate centre.
Capitalization Overview
- The business is funded through shareholder funds.- There are a total of 2 shareholders of the business owning each 50%.
Recent Activity
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Earlier than 15 daysPresident, Healthcare, Dallas, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Barrie, Financial Consultant connected with the Business
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Earlier than 15 daysPrincipal Consultant, Pune, M&A Advisor connected with the Business
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