AI-Driven Automated Lending Business

Canada

Asking Price: $175,000
Business For Sale Details
Listed on Oct 16, 2024

Business is a Vancouver-based SaaS company that has revolutionized the payday lending industry with its innovative, fully automated lending platform. Launched in 2018, it utilizes advanced AI and machine learning to automate the entire loan process, from application to approval and repayment, allowing customers to access funds within minutes, 24/7. The company’s proprietary Payday Loan Platform (PPLP) eliminates the need for traditional brick-and-mortar locations, significantly reducing overhead while providing a seamless borrower experience.

As a SaaS provider, it offers a turnkey business opportunity, enabling licensees to operate fully online payday lending businesses in exclusive Canadian territories. The platform handles all aspects of day-to-day operations, including marketing, lead generation, loan processing, collections, and client support, allowing license holders to benefit from a nearly hands-off business model.

Recognized as the only payday loan company in Canada accredited by the Canadian Lenders Association, it delivers a cutting-edge solution in a highly regulated market. This opportunity is available to Canadian citizens and residents, with comprehensive support for obtaining provincial licenses and setting up operations.

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Financials (USD)

Asking Price $175,000

Cash Flow Not Disclosed

Sales Not Disclosed

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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