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Offering
Company: Company Status: Business Descrip7on: Market: Investment Type:
get500now Start Up New online small loans business introducing cu3ng edge technology pla7orm and unique socially responsible innova:on. USA -‐ UK -‐ Australia Conver7ble Note -‐ 13% pa Interest – 22.5% discount
Payday Loans Industry Features
• GLOBAL
• ESTABLISHED • 20% PA GROWTH • HIGH PROFITS • STRONG CONSUMER DEMAND
The Problems
• RECENT REGULATION IN UK & AUSTRALIA USA LIKELY TO FOLLOW
• POOR SOCIAL IMAGE
• INCREASED COSTS
• DECREASED MARGINS
The Solu7on
• ADAPT TO REGULATION WITH ADVANCED TECHNOLOGY • PROVIDE BORROWERS WITH A BETTER DEAL • INCREASE EFFICIENCY – STREAMLINE PROCESSING • CHANGE COSTS STRUCTURE
get500now
• Get500now is a new global online ‘payday’ style small
loans business providing loans from $100 to $500 and up to $1000 for regular clients.
• Get500now has cu3ng edge technology using an
advanced purposely-‐built pla7orm, which will reduce staff levels from 100 to 10 -‐ dras:cally cu3ng costs and streamlining efficiency and :me.
• Get500now will introduce new socially responsible
changes to the product. This will be most welcomed by social groups that oppose the industry.
The Market
USA -‐ UK -‐ Australia
REPEAT BUSINESS
USERS SALES
Compe7tors
THERE ARE MANY Because it is a booming industry with high consumer demand and large industry profits there are many compe:tors.
get500now # 1 BUT NONE LIKE US! Which makes us well placed to become the market leader……
Compelling Advantages Using get500now
Get500now is introducing socially responsible changes to the industry so impac:ng that it is almost inconceivable that a borrower would choose to borrow from any other lender than get500now.
Milestones
• Cu3ng edge high tech pla7orm completed • Afrac:ve user friendly Website completed
• Credit Licensee secured
• Opera:onal partnerships nego:ated (Yodlee, Dunn & Bradstreet)
• get500now.com domain name secured
Key Personnel
ROBERT OAYDA -‐ Founder, CEO
A very successfully performed entrepreneur in several industries, with natural business acumen and strong skills. He has a proven track record of taking his ideas and turning them into successful large businesses. FELIX GOMEZ -‐ IT Director
Felix is a highly talented Computer Engineer. He writes code in all languages and specializes in problem solving solu:ons. He has been with BITS for 8 years and prior to that was the Dean of IT at the University of Cebu. He has a Bachelor of Science in Computer Engineering and a Masters of Science.
Invita7on
We have done the work We know what to do We know how to do it Our impact will be great Invest with us and share the excitement and the rewards.
Other Documents Available
• Informa:on Memorandum • Financials • Message from Founder