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Contact:
Dave Jennings, djennings@mutualoan.com, 678-245-4377, ext.
102
Mutualoan Corp. provides a unique lending
platform and supporting infrastructure that enables holders
of mutual fund shares to leverage their holdings. Our automated
solution is the first mass market product that enables potential
borrowers to quickly and easily access loan capital.
Structured as a financial services company, the business
model is highly scaleable while requiring a comparatively
low investment in fixed costs. The platform offers an easy
to use interface that can be private labeled for different
industry channels at their point of customer aggregation whether
that is through the Internet, telephonic, or in person. This
greatly reduces the typical customer acquisition costs while
accelerating traction in the marketplace. Other fixed operating
costs typically associated with a consumer finance company
have been avoided by outsourcing much of the standard back
office processing. The company’s average of gross revenues
per an employee should be higher than normal in the lending
industry. Branded under MutuaLoan™, we go to market
via financial service intermediaries, affinity groups, and
other organizations that possess a client base with whom they
communicate on a consistent basis.
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