6.8 / 10
 Bondi Beach

Lending aggregator business turning into lending model seeks funds for expansion.

Key Business Facts
Yearly Sales USD 2.8 million
EBIDTA Margin 40 %
Industries Commercial Loans
Locations  Bondi Beach
Business Overview
We experienced ginormous growth throughout the Covid period and now looking to extend its product line through an initial debt raise of 10 million AUD to provide a proof of concept.
Following this we will then use a shell company that we have acquired from the ASX to list at a much higher market cap.
We are an aggregator of lenders and lendees.
Currently have 41 lenders and 4,300 borrowers.
We generate revenue from the commission and lending directly to clients (this makes a small portion of our revenue at the moment)
Business is operational in Australia and UK.
Built from 0 to 11 million in commissions AUD in 4 years with EBITDA exceeding 40%.
Business has high profit margins as we have fewer employees to manage the business. As a result, we can pay high-interest rates.
Products & Services Overview
- Unsecured loans.
- Invoice factoring.
- Equipment finance.
- Secured business loans.
- Credit repair.
Capitalization Overview
The business is completely self-funded by the CEO. Business has a single owner. No loans or liabilities on the company.
Assets Overview
- The IP, tech, and key people for the company. - Physical assets are office furniture and electronics.
Seeking Loan
USD 6.7 million for 20.0% annual interest, 1 year (Native Currency: AUD 10,000,000)
Reason: To do the initial proof of concept. Starting a new vertical in the same business. We will become a l... View More
Collateral Available: USD 18 million
Includes physical assets worth USD 200 thousand
Interested to connect with advisors
In talks with 2 Investors
Contact Business