For more information:

David Ferguson
0412 488 295
david@businesses.net.au

Micro Money Lending Franchise 

Short Term Cash Loans

Outer Sydney North West Suburbs 

"Excellent Profits and Growth"     

Brief History of Franchisor                                                                             

Australia’s number one small money lenders. First office established in March 1994.

Total franchises throughout Australia, exceed 100

Core Product

Secured Loans / cash advances $300 - $5000, for 12 – 52 weeks - funded by the owner of the franchise.  

Typical Reasons for lending

Need less than a $5,000 loan

Registrations & Insurances

Household appliances

Moving expenses such as bond, before existing bond is refunded

Short term business expenses

To re-establish a sound credit rating

Non Core Brokerage Products (not self funded)

Personal Loans from $5,000 to 50,000

History of this Franchise Territory

Started in 1998

Present owner since 2002

Average loan / cash advance  $960 approx.

Total loans 340 approx

80%+ repeat business (i.e. existing / previous clients returning for another loan)

Situated in one of the fastest growth areas in Australia, for this type of product

Office Hours

Monday – Friday  9.30 – 4.30pm

Bad Debts:

As a percentage of turnover - minimal, less than 4%

Loss of capital due to bad debts - NIL

General Information

Purchasers require  no prior finance experience

Low overheads

Easy to operate

Excellent growth and profit being generated

The business is virtually run by the staff.

Asking Price:   $455,000 + loan book
(loan book = $260,000 approx)

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For further Information
David Ferguson
0412 488 295
david@businesses.net.au
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