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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 Jordantrademarkon Aug 23, 2018 7:49pm
122 Views
Post# 28509253

RE:RE:RE:RE:IOU posts third consecutive quarter

RE:RE:RE:RE:IOU posts third consecutive quarter
totally agree with the both of those comments. In my opinion this is a company that is a diamond in the making. I Think a lot of investors have their money tied up in the marijuana sector right now and have over looked iou financial. I've been invested in iou for almost 4 years now and have no means of selling any time soon. This is a long hold that will reward you if you are patient. Yes this company is very tightly held and that is why sooner or later when all of the weaker hands are out because of lack of patience then we will see heavy asks.
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