Take Over this Turnkey Lending Business!Listing: #OR00402
About this Business for sale in National Capital RegionTake Over this Turnkey Lending Business!
Established in 2013, this micro-lending operation is registered with the SEC and operates with a Certificate of Authority as a lending company in compliance with R.A. 9474 Lending Company Regulation Act of 2007.
The company has two branches which offer short-term business and personal loans to SME business owners and teachers, office workers and other professionals for up to three (3) months. The business permit of the main branch has been renewed for 2020.
After six years of operation, the owners – a young couple – have decided to cash-in on this business and focus on growing their other ventures.
The benefits of buying this business include:
- A company with a valid and current lending license (Note: The minimum capitalization required to secure a new lending license is ₱1.0 million)
- ₱1.0 million per year free cash flow income (historical average)
- 49% profit margin (historical average)
- A payback period of just 2 years (based on historical earnings)
- A “clean” balance sheet, i.e. no loan receivables and no pending legal cases for collection
- Access to the customer database of the two (2) branches
- All operational systems & processes, manuals, forms, etc. developed over the past 5 years
- Ability to grow the business by adding new branches in other locations using the same lending license
Take advantage of this opportunity to own a turnkey micro-lending business with a track record of consistent and sustainable profitability!
+63 2 7900 8000
+63 920 922 8090
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.