Financial Services Company
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67% of the population lives paycheck to paycheck - Bright Side Loans and our expansion channel, Fintech Franchise Network originates small consumer loans to folks in the subprime space. Launched in 2/2023, we are surpassing every performance metric.Fintech Franchise Network is a strong growth/expansion channel for Bright Side Loans - A virtual nonprime loan office. Over the next 5 years we are launching 26franchises, a $135M portfolio, $58M Net Income and a $500+M valuation. Find out why Franchising is a strong strategic advantage.2024 Plan: Launching 5 Franchises (All locked in ready to go)INVESTOR RETURN: DEBT: 22% - EQUITY: 12X Opportunity over 5 YearsBright Side Loans is a fully operational online consumer loan company licensed in 5 states. Founded (2018) by Credit Risk, Scorecard and Analytics experts (Beneficial and Household Finance) the latest FinTech tools are utilized to lend, service and collect small consumer loans ($1300 / 12 months). Bright Side is serving customers in the non-prime lending space with proven credit risk scorecards, marketing programs, serving and collection strategies that are proven and profitable. Bright Side Loans has proven all facets of operations and will be the "test kitchen" for Fintech Franchise Network.Fintech Franchise Network is seeking $6M via Equity and $6M Debt which will be used for Lending Capital to fund the launch of our initial 5 virtual lending branch offices. Fintech Franchise Network is profitable 12 months from launch.Our team of 10 Consumer Finance experts (Beneficial and Household Finance) have decades of experience in the $$ Billions. We have NEVER missed an investor payment and look forward to delivering for you.Let's connect over zoom and explore the value we will deliver for you.Align Calendars Here: https://koalendar.com/e/virtual-coffee-w-glenn (copy/paste link)KEY: We are FULL transparency - Including full due diligence deal room access.
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67% of the Population lives Paycheck to Paycheck - $500++ Billion Lending MarketEasy/Quick - Small consumer loans to the right customers. Using the latest FinTech tools, coupled with proprietary credit risk policies and scorecards (IP), Bright Side Loans picks the right loans for the right customers - helping them with their immediate cash needs. Bright Side Loans helps customers avoid the payday lenders and at times, "graduates" folks from the payday lending world with the right loans, lower interest and affordable payments. Born from the Beneficial and Household Finance lending models, the leaders of Bright Side are committed to serving customers with the right loan - right when they need it.Key Point: We have numerous strategies and IP to pick the right customers (credit risK) despite any inflation or economic conditions. Additionally, we have strategies to combat an increasing rate environment to eliminate them from being impacting factors for delivering our business plan.
Consumer Finance Lending expert at the strategic executive level - Joined Bright Side Loans in January, 2021 and worked with Founder Greg Fasana to build expansion channel - Fintech Franchise Network - A planned $500M ++ venture.Glenn joined Beneficial Finance out of college and expanded to executive levels responsible for 7 different business units and projects in the $ Billions. Consumer Lending is in Glenn's DNA along with having a strong passion delivering for investors. Let's connect and explore the value we will deliver for you and your network,
Chris is a proven Consumer Lending expert, opening both offices and states for Household Finance. Also a Kellogg School of Management MBA graduate, Chris will lead the recruitment, launch and development of the initial 28 Franchisees for Fintech Franchise Network. Chris' track record of leadership and strategic vision will prove a continued asset for Bright Side Loans and Fintech Franchise Network
With a proven 30+ year career in Consumer Finance Lending, Greg has covered all aspects of the credit risk, scorecard spectrum and is a process expert. Greg and team's experience in credit risk was used by Household Finance to the tune of billions of dollars of loan outstanding. Greg's focus is on performance and profitability - picking the right customer and serving/collecting in the right ways that deliver bottom line results.
Itasca, IL 60143, US
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