Established Proof And AI Automated Business In Oshawa For Sale
Oshawa, Ontario, Canada, ID 204299
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Description
Exclusive Oshawa Territory Opportunity. Fully Automated Payday Loan Business. This is an opportunity to purchase the exclusive Oshawa territory and gain access to a fully automated lending platform. The system is presented as a turnkey business that handles marketing, loan applications, approvals, collections, and client support. Ownership is described as passive, with an online lending site operating 24 hours a day. Consumer demand for short term lending has increased in recent years as many people face financial pressure. TaxCash states that it has operated in fintech since 2018 with a proprietary payday loan platform designed to compete with traditional storefront lenders. Licences are sold by territory only, giving operators exclusive regional rights while using the company’s existing infrastructure. The platform is described as using artificial intelligence and machine learning to automate the lending process, including applications, analysis, documentation, payouts, and collections. Borrowers are offered an online interface with rapid funding through the payout system. No prior experience is stated as necessary. A limited number of territorial licences remain available. Investment Details Territory licence fee: 125,000 to 175,000 dollars Minimum loan capital required: 200,000 dollars or more, depending on territory Eligibility and Requirements Available only to Canadian citizens or permanent residents currently living in Canada. The industry is federally regulated and also governed by provincial laws. Successful applicants must obtain approval from the relevant Consumer Protection Agency for a payday loan licence and demonstrate sufficient capital to serve their market. Secure the Oshawa territory today. Contact the seller for full details and next steps.
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