Iou Financial Inc C.IOU

Primary Symbol: V.IOU

Financial Services

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.

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Iou Financial Inc > Where are all my fellow IOU investors?

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Comment by GeorgeBasseton Jul 28, 2018 5:45pm

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Post# 28381644

RE:RE:RE:RE:Where are all my fellow IOU investors?

MainStonBaySt wrote: Only a few more weeks until Q2 results are out. Seems like somebody knows something with the bids rising right before results.

This is highly unlikely. Investors are expecting them to release really a good quarter, based on pass success. They should keep in mind that last quarter's homerun was mainly based on non recurring, well documented factors, and some operating efficiencies.

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