A finance-related business is up for auction due to previous non-paying bidders. The seller is seeking a quick sale to focus on a new endeavor, offering the business at a low price. The business, which has been operational since June 2009, functions as an intermediary connecting borrowers with lenders, achieving significant profits reported at over $31,000 in March 2010 without advertising expenses. It provides services like securing personal guarantee funding and unsecured funding, as well as offering aged shelf corporations for funding. The operation boasts minimal running costs and a significant potential for growth, suggesting revenue could exceed $100,000 monthly with new marketing strategies in place.
The business can be managed by a single individual committing about 20 hours per week and utilizes a private affiliate program that connects with experienced loan brokers to attract clients. Buyers are assured of no upfront fees for clients, while the business profits through various channels, like backend fees and front-end charges on funding deals. The seller provides 60 days of training and support, ensuring smooth transition to the new owner, along with several months of free marketing. With unique services and a robust client referral system, the business remains competitive with little direct competition online, and potential buyers are protected with payment reversal options. Current traffic only requires handling a limited client base, focusing primarily on referrals and affiliates rather than expensive SEO.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More