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Capital Raising: Does anyone have suggestions for raising funds to inject into any already profitable consumer installment loan finance business?
JA
JA
Jer Ayles: Trihouse Consulting, Consultant: Payday Loans, Car Title Loans answered:

OK! You want to increase the amount of $$ you have "on the street." Are you a brick-n-mortar? Online Lender? Blended? You use proprietary loan management software or something off-the-shelf such as Infinity, eCheckTrak, Epic... You are a State licensed lender? Which State(s). [As you likely know, Illinois and Nebraska just "went dark."] Perhaps you're employing the Tribal Model? Are you beyond a "friends & family" seed fund? The ROI on "the business of lending to the masses" can be superior. Make some noise. I've no clue how much $$ you're attempting to raise. But at a minimum, let everyone in your network know about your biz. How well it's performing. Avg. installment loans are 400%+ APR's! Are you giving equity? Debt? Jer Ayles. Call me. Plenty of capital looking for returns you're capable of delivering.

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