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Iou Financial Inc 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.


TSXV:IOU - Post by User

Iou Financial Inc > MSR tricky beast
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Comment by ValueYSKon Dec 22, 2021 11:33am
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Post# 34254598

RE:MSR tricky beast

RE:MSR tricky beastSorry for using the wording MSR just got stuck in my mouth haha
Loan Servicing Right would be more appropriate since they are making loans to small business
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Dealroom for high-potential pre-IPO opportunities