Here’s your next installment of our automobile Title Loan Business mini-course.

Automobile Title Loan company that is non-franchise: (See our real economic metrics below.)

$50,000 in vehicle name loans “on the street.”

Each “Title Loan” principal avg. = $1185.

Total automobile name loans outstanding = 42

Charges = $25/$100 loan principal. $12,500/month fee income that is gross.

So… the concern you need to ask is “Can we achieve $100,000 “on the road” eventually? In my own city? At this specific rate?

That’s $25,000 each month in revenues plus belated fees, income produced off their solutions you provide such as for instance tax statements, bill pay, cash transfer, cash sales…

Title Loan Company

After our instructions on our internet site you’ll strike these true figures with 1.5 workers and run this location from anywhere through the Web.

Referred to as name loans, red slide loans, title pawn loans, car-title-loans, auto-title, car name loans, name loan company, car equity personal lines of credit… essentially the debtor supplies the name of the car as security for a financial loan. Read More “Pay day loans franchise. Are automobile name loan companies lucrative? Is purchasing a title company that is loan necessary?”