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Iou Financial Inc C.IOU


Primary Symbol: V.IOU

IOU Financial Inc. is a wholesale lender that provides access to growth capital to small businesses through a network of preferred brokers across the United States. The Company has built IOU360 technology platform that connects underwriters, merchants and brokers in real time. Its IOU Financial platform connects to dozens of data sources, aggregating and automatically processing hundreds of data points on a business in seconds. It also operates a commercial lending brokerage business through its wholly owned subsidiary, ZING Funding. The Company sells substantially all loans that it originates to institutional purchasers and retains the right to service those loans on behalf of the purchasers in exchange for servicing fees based on collections. Its customers include medical and dental practices, grocery and retail stores, restaurant and hotel franchisees and e-commerce companies.


TSXV:IOU - Post by User

Comment by KingBillon May 29, 2018 11:33am
60 Views
Post# 28093622

RE:RE:RE:RE:RE:RE:Is this a sleeper or a snoozer?

RE:RE:RE:RE:RE:RE:Is this a sleeper or a snoozer? Feeling some manipulation right now in IOU, so my humble suggestion is that stepping in now but wait until Q2 to decide if we need a full load.  If all goes well, this stock should be traded at least $1
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