Easy to Operate Lending Company in Bulacan

1 year ago Bulacan, Philippines Ad Views:669 Ad ID: 2257

Additional Details

  • Ad ID2257
  • Posted On1 year ago
  • Ad Views669
  • Price400,000 ₱


Easy to Operate Lending Company in Bulacan

Small scale, easy-to-operate lending company has been running since 2011. It is SEC registered and has a Certificate of Authority-to-Operate as a Lending Company from the SEC. It is the only lending company with a SEC Certificate of Authority in the area.

Owner, who is 65 years old, wishes to retire. Unfortunately, he does not have a successor. He has been winding down operations of the company and is not actively developing new accounts. Despite the slowdown in operations, the company has a healthy portfolio, net of problematic accounts, amounting to ₱300,000. These accounts are from tricycle operators and are collateralize by the original certificate of registration and official registration of the tricycle. There are about 16 tricycle associations in the area.

This is your chance to be part of a profitable industry at minimal starting investment, through an existing company with a license, and with a healthy portfolio.