"Entrepreneurs are needs to notice that everything we provide is really a no-hassle, low-cost solution to enter into a company that will produce lots of earnings," stated Andrea Zecevic, money Now President. "when they see how 'turnkey' our operation is, they truly are desperate to get started, and that is what is occurring."
Thus far this Cash Now has sold 17 licenses to entrepreneurs in the United States and Canada, said Zecevic year. That is above internal projections, and she stated the organization expects product product product sales become above policy for the remaining of the season.
Money Now additionally recently announced higher-than-expected profits from the very own pay day loan and check cashing activities. Cash advance and check-cashing profits with this 12 months are now actually predicted at $6.5 million, in accordance with Zecevic.
"company is good because we are great at everything we do," stated Zecevic. "In good economies or bad, there's always a need for fast money and look cashing - so we provide those requirements well. Our technology is state for the art, so our consumer experience is quick and accurate, and that is best for our operators also our clients."
For instance of Cash Now's advanced technology, the organization recently installed a brand new Web-based scheduling motor that assures faster-than-ever solution for money Now customers while opening the likelihood of more earnings for Cash Now Licensees. The rate and automation can increase conversion rates dramatically for Cash Now Licensees, Zecevic has stated. And it also eliminates handbook underwriting, makes it possible for the employees to pay attention to verification - making certain clients work where they claim to operate and bank where they claim to bank. exactly What this amounts to is a few spot-checks by Licensees, which can be important with their monetary wellbeing.
The fundamental scheduling motor can process as much as 100 loans every day - well suited for smaller operations. The ultimate answer is Cash Now's Enterprise Solution with a fully integrated booking engine for a licensee looking for a robust call center operation. The Enterprise solution using the scheduling engine can process over 1000 loan demands on a daily basis.
Money Now Corporation (Pink Sheets:CHNW), a pioneer within the pay day loan and check cashing industry, is developing many menu that is comprehensive of when you look at the advance loan industry, all devoted to the money Now brand. The business's proven enterprize model includes licensing to corporately operated venture that is joint throughout the U.S. and Canada. Also, Cash Now's website the most advanced lending that is payday in presence, providing key insights to consumers and prospective clients alike - along with the capacity to finish payday advances online, via a telephone call or perhaps in individual. Money Now delivers a Payday Loan License system, Payday Express; a quick payday loan and check always Cashing permit called Check Express; and a number of associated economic solutions for tiny and medium-size companies. Revenue Guide mag recently rated the money Now Group tenth in its range of the 50 quickest growing title loans in Missouri & most promising rising organizations.
Secure Harbor Statement
Information in this news release may include "forward-looking statements." Statements explaining goals or objectives or the organization's future plans are forward-looking statements and are also at the mercy of dangers and uncertainties, like the economic performance of this business and market valuations of its stock, which may cause real leads to vary materially from those expected. Forward-looking statements in this news launch are created pursuant to the "secure Harbor" provisions of the usa Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements include dangers and uncertainties, including, without limitation, dangers associated with the capability to close deals being contemplated, dangers linked to product product sales, proceeded acceptance of money Now's services and products, increased level of competition, technical changes, reliance upon intellectual home legal rights along with other dangers detailed every once in awhile in money Now's periodic reports filed with all the usa Securities and Exchange Commission as well as other authorities that are regulatory.