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Start a Cash Advance Business

How To Start a Cash Advance Business

Cash Advance businesses are popping up all over the United States, Canada, Mexico, the Carribbean, Australia, New Zealand, England, Ireland, and more. The Cash Advance industry may be the fastest growing financial segment - bar none! Not only can you find a Cash Advance store seeminly everywhere but additionally there are Cash Advance web sites as well. As a matter of fact, the Cash Advance internet component offers even greater rewards than the Cash Advance brick-n-mortar!

How to start Cash Advance business manual So, why is this so? Why is the Cash Advance industry growing at such a rapid rate? And why are a few of the most saavy financial minds entering this "loan shark" business segment? The answer, of course, is the TREMENDOUS PROFITS AVAILABLE! Depending on the state or province, Cash Advance consumers are paying $10 to $35 per $100 borrowed for a term averaging 8 days. These cash advance fees are equivalent to 480% to 1200% APR's (Annual Percentage Rate). These returns are simply PHENOMINAL!

Not only are the fantastic profits luring entrepreneurs to the Cash Advance industry but consumers throughout the world have an unsatiable demand for the Cash Advance product! Small loans ranging from a few hundred dollars to $1500 or more are in huge demand by cash strapped consumers everywhere on this planet. The demand for these so-called "micro-loans" is so profound that Muhammad Yunus who founded the Grameen Bank won the Nobel Peace Prize in 2006 for leveraging small loans to impoverished families. Take a look at his book; "Banker to the Poor: Micro-Lending & the Battle Against World Poverty". (Couldn't we use a portion of our profits and our business model to help families? Think about it!)

Sure, your're reading this and saying to yourself, "Who the heck needs to borrow $300 until their next paycheck? I cannot imagine". So, here are some quick Cash Advance demand statistics:

Cash Advances were developed to help a person receive the money they need today without having to wait until their next paycheck.

We delay the deposit of their personal check until their next pay day, which is usually less than 2 weeks away.

With a Cash Advance, they get the cash they need before their next payday!!

Cash AdvanceS or PAYCHECK ADVANCES are one of the fastest growing businesses in the US, Canada, Australia, Costa Rica, South Africa, England, and others. It's the ideal complement to your present business or as a new establishment. If you have a 5 ft. by 5 ft. area available, you can turn it into additional income.

We are helping entrepreneurs open payday advance offices everywhere! There is a tremendous opportunity for individuals to open a payday advance business and get in on the ground floor of a wonderful, money making business. You can even open a Cash Advance business in conjunction with your existing business. Pawn shops, check cashers, liquor stores, car and truck rental companies, furniture rental stores, etc., are opening payday advance loan businesses.

A typical 8 day paycheck advance extended to your client will yield an annual percentage rate on your money of 805%!. Starting costs vary tremendously and are determined by your goals. A new store might require leases, first and last plus a deposit, signage, licenses, phones, etc. Adding a payday advance loan business opportunity to an existing business requires hardly more than working capital, business cards, flyers, advertising, forms, etc.

Payday Advance Loan working capital requirements are determined by you! We have heard of new deferred deposit operators who began with less than $2500.

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How to Start Payday Loan Business

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Trihouse Enterprises, Inc.
601 East Charleston Blvd., Suite 100
Las Vegas, Nevada USA 89104
702-208-6736 Office
CONTACT US

Click Here to Order a Cash Advance Training Manual on-line from our secure, encrypted server.

A paycheck loan or paycheck advance business is easy to operate IF YOU KNOW HOW TO CONTROL IT. Typically, you advance your check to your client and accept their personal check for an amount in excess of the amount of your check. Your accepting a check, giving the writer less than its face amount, and holding it for an agreed upon period of time. Thus, paycheck advance or paycheck loan or deferred deposit or...

The rationale behind the boom in Cash Advances is perceived high credit card rates and high bank fees for bounced checks. Immediate gratification by the consumer is another driving force in the deferred deposit business. There is nowhere a consumer can go for a small loan in an emergency. Banks don't do it and loan companies are too slow and complicated. High check bouncing fees drive the business. Banks charge a $20.00 fee and more for bouncing a check (even more for a 2nd or 3rd!). Then the original recepient of the check charges a fee. (Remember the recipient's bank charges a fee to them!) That can make a paycheck advance/deferred deposit fee the best choice.

YOU CAN MAKE A TREMENDOUS AMOUNT OF MONEY IN THE Cash Advance BUSINESS AND HELP PEOPLE IF YOU KNOW WHAT YOUR DOING!!

YOU CAN EARN EXCITING PROFITS ON YOUR MONEY MONTHLY

To achieve success and make SERIOUS MONEY you need Information. Our Cash Advance Manual & Seminars cover the following Topics:

COMPREHENSIVE TRAINING
Get Started Now!
How to Start Payday Loan Business

Priority Mail USPS Shipping.

Immediate download in Adobe Acrobat.

Trihouse Enterprises, Inc.
601 East Charleston Blvd., Suite 100
Las Vegas, Nevada USA 89104
702-208-6736 Office
CONTACT US

Click Here to Order a Cash Advance Training Manual on-line from our secure, encrypted server.