So Many Opportunities & So Little Time B2C

Published: Thu, 12/02/21

Subprime lenders and vendors reach out to me Jer Ayles for my thoughts on their business valuations weekly. Here's an interesting tidbit: CURO Financial Technologies Corp recently acquired Heights Finance Corporation. Heights Finance delivered 390 branches in 11 States to CURO.CURO paid 6.5X 2022 estimated adjusted earnings before taxes of $55M. Heights Finance avg. AR per branch is $1.2M.

Granted, this was...continue reading below...

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(Continued) Granted, this was not an all-cash deal lacking a few twists & turns.

Still, the synergies made sense for both parties, the potential to scale digital delivery channels, access to lower cost of capital, competition for CAC consolidation... a good deal for all.

Expect to see more of this M & A Deal flow... I'm in the middle of it. MANY of my readers are considering sales, consolidation, migration to online models, mobile phone intitives, acquisition, the tribal model in order to escape the >36% APR caps recently passed in Hawaii, Nebraske & Illinois. AND, let's not forget the 36% APR cap being discussed on the national scene. [NOTE: The "Big Boys" in our industry are pushing hard for this to become a reality!]

Reach out. And do not underestimate the tribal model's solid foundation as a result of consistently favorable court rulings & the #TribeLending model to deliver superior NOI. Both State and Sovereign B2C lending models offer superior returns today!

#Fintech is the future. #paydayloans #installmentloans #CarTitleloans

Online/Digital consummated collateralized car title lending is easily accomplished today as well.

SO MANY OPPORTUNITIES & SO LITTLE TIME!

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