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- AUTOMATED PAYDAY LOAN BUSINESS FOR SALE - PASSIVE Ad id: 5497
- Price : CAD 39000
- Date listed : 2011-06-26
- exact map location
-
MPX FINANCIAL SERVICES BUSINESS
PASSIVE INVESTMENT OPPORTUNITY
A business opportunity to make money like the banks with a turn-key, arm chair investment that generates passive and residual income. A recession proof business with multiple revenue streams and performs consistently in any economic environment.
MPX has developed the next generation, pre-eminent network of multi-functional financial services kiosks. The MPX technology offers a fully automated, internet enabled kiosk offering a full suite of integrated financial services and multiple revenue streams:- Payday Loans, Cash Advances
- Cheque Cashing
- Prepaid Debit and Credit / MasterCard
- Money Transfers
- Prepaid Phone Plans (cell and long distance: Rogers, Bell, Telus, Virgin, Yak, Solo)
- ATM Cash
- Bill Payments (over 4000 standard billers – utilities, banks, credit cards, etc)
- Rent Payments
- Referral Services (legal, mortgage, insurance, financial, tax, etc)
- Hyper-Local Digital Advertising (each machine is equipped with a 26" high definition monitor)
The advantage to business owners and investors: instead of investing $200k+ to open a payday loan store or franchise, we can offer the same services (and more) in an automated machine for an investment of only $40k. We eliminate overhead expenses (no store front, lease, fixtures, loan capital, bad debts, financial controls, employees, payroll, marketing, etc.)
The MPX opportunity is an arm chair business that generates a passive, residual income. Also note that Money Plus provides the funding for all payday loans and cheque cashing functions, not the machine owners. Therefore, the machine owners/investors money and capital is never at risk with respect to the loans or cheque cashing services.- 100% turn-key... MPX manages ALLaspects of the machine (location, placement, maintenance, cash, loan funding, servicing, etc). You do not need a location, MPX will find a location for you.
- Machine owners can choose 50% or 65% return model.
Please contact us for further details and request a full due diligence package…
Please contact:
Rana Singh
Business Development Manager, Money Plus Group
416-873-1736
rana@moneyplusgrp.com
Over 20 locations have been sold in less than 2 months. This is a limited time opportunity.
Other Details:
The MPX Machine is the only unit certified for use on the Interac® network (Canada) that can both dispense cash and sell goods and services from the same unattended device. Hardware and software is also compliant for US deployment. Each machine is web enabled with 17" touch screen, video, photo, voip, and document scanning capabilities. The MPX machine has a footprint of less than 9 sqft, and can be placed virtually anywhere (ideally in high traffic convenience stores and shopping centres). Customer support (live 2 way) is provided via VOIP through a centralized facility for the entire network of machines.
MPX machines will be able to provide virtual access to origination and servicing solutions for credit and related products at the ATM level globally. This will allow us to extend the footprint of a bricks and mortar financial institutions like Credit Unions, Virtual Banks and Alternative Banking or Payday Loan Institutions in an unprecedented manner. As such, this extends the financial product management capabilities of MPX beyond that of any other financial platform in Canada or the United States.
We believe our MPX technology solution is a game changer:Key Customer Benefits:
- Convenience
- Wide range of products and services
- Cost savings (MPX fees are 25-75% less than the competition)
- User friendly: Simple and intuitive touch screen interface
- Fast service and Fast transaction time
- Single registration
- Highly secure, private and reliable
- Ability to transact during non-business hours (24/7)
- Integrated, on-kiosk phone support available
Potential Future Services:
- Event ticketing
- Lottery ticketing
- Fast food ordering
- Transit ticketing
- Coupon printing
- Mortgages, Car loans
Please contact:
Rana Singh
Business Development Manager, Money Plus Group
416-873-1736
rana@moneyplusgrp.com

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