For more information:

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

Code SD560

Micro Money Lending Franchise 

Short Term Cash Loans

Outer Sydney Western 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 for Sale

Started in 1996

Present owners since 2002

Total loans 700 approx. and steadily growing

Significant repeat business

Includes three franchise territories, all serviced from the one office

Office Hours

Monday – Friday 9am– 4pm

Bad Debts:

Minimal - actual loss of capital due to bad debts is nil

General Information

Purchasers require  no prior finance experience

Low overheads

Easy to operate

Excellent growth and profit being generated

At present is virtually run by the staff.

Owner works approximately 4 hours per week, only to 'keep an eye' on the business

Asking Price:   $1.250 mil. +  loan book
(loan book = $600,000 + / - approx)

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