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09-22-2017, 08:23 PM #1Senior Member
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Mexico...
I know this is crazy but... an American owned company in Mexico has been funding small business loans/advances and small personal loans (average size $5,500) for the last two years with surprisingly good results (7% default rate). Having proven the model and sales practices, they now seek additional capital to scale. The market is untapped and the regulations are, well... not robust. The owners of this company are reputable, will pass any due diligence, and very experienced in merchant services (sold their previous company to the Excel Corporation (OTCBQ: EXCC). Can anyone point me in the right direction?
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09-25-2017, 10:58 AM #2Senior Member
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To even consider this, they would a bank in the us...
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09-25-2017, 02:12 PM #3Veteran
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is this Sanco?
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09-25-2017, 02:14 PM #4Senior Member
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That kinda defeats the purpose considering they could then likely fund through any number of US funders.
Originally Posted by gail_waters
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09-25-2017, 02:36 PM #5Senior Member
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No Originally Posted by Chambo
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