business online lenders meet and help!
TRANSCRIPT
THE TYPE OF BUSINESSES
ONLINE LENDERS MEET AND HELP.
RECENTLY TV SHOW THE PROFIT, MET WITH CHICAGO
BASED RESTAURANT DA LOBSTA.
FAMOUS ENTREPRENEUR MARCUS LEMONIS TRIED TO HELP SMALL BUSINESS OWNERJ. WOLF SOLVE HIS FINANCIAL PROBLEMS
UNFORTUNATELY MARCUS LEMONIS LEARNED, THAT GETTING INVOLVED WITH THIS COMPANY WOULD BE TO BIG A RISK.
THE WAY J.WOLF MANAGES HIS BUSINESS.IS PROBABLY SHOCKING TO VIEWERS OF THE SHOW.
BUT IN THE ONLINE LENDER INDUSTRY, THIS WAY OF MANAGEMENT IS VERY FAMILIAR.
SOME THINGS FROM DA LOBSTER, ONLINE LENDERS ARE USED TO SEE!
LIKE WOLF MOST INITIALLY DO NOT
HAVE FINANCIAL STATEMENTS.
WHEN WOLF PROVIDED SOME FINANCIAL DOCUMENTS, HE IMMEDIATELY SAYS THAT THEY MIGHT NOT BE ACCURATE. THIS IS ALSO SOMETHING ONLINE LENDERS ARE FAMILIAR WITH.
WOLF PAYS HIMSELF CASH
RIGHT OUT OF THE BUSINESS AND DOESN’T PAY TAXES ON IT.
WOLF IS NOT ON SPEAKING TERMS WITH SOME OF HIS PARTNERS (WHO ARE ALSO HIS FAMILY MEMBERS)
HOW CAN ONLINE LENDERS HELP?
NO BANK WILL LEND MONEY TO A SMALL BUSINESS WITH A BAD CREDIT HISTORY.
ONLINE LENDERS WORK TO FIND SMALL BUSINESSES A LOAN EVEN THOUGH THEY HAVE A BAD CREDIT HISTORY.
FindMyBusinessALoan.com
AuthorFind My Business A Loan.
Tel: (805)642-LOAN (5626) local (855) 654-LOAN (5626) toll-freeE-mail: [email protected]: www.FindMyBusinessALoan.com
Credit to:http://debanked.com/2015/12/the-profit-meets-online-lenders-da-lobsta-season-3/And CNBCs The ProfitFor the information in this slide.