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 2.6 million |
| EBITDA Margin | 15 % |
| Industries | Personal Loans |
| Locations | Toronto |
| Local Time | 9:28 PM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
3.6 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/...
View More
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
-
Earlier than 15 daysPresident, Healthcare, Dallas, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Barrie, Financial Consultant connected with the Business
-
Earlier than 15 daysPrincipal Consultant., Pune, M&A Advisor connected with the Business
Tags:
Newly Established Personal Loans Company for Sale in Toronto, Canada
·Purchase Newly Established Personal Loans Company in Toronto, Canada
·Buy Newly Established Personal Loans Company in Toronto, Canada
·Newly Established Car Loan Company for Sale in Toronto, Canada
·Purchase Newly Established Car Loan Company in Toronto, Canada
·Buy Newly Established Car Loan Company in Toronto, Canada
·Newly Established Personal Loans Company for Sale
·Newly Established Car Loan Company for Sale
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
