NOTE – I will be co - investing in the business.

Times are hard in Nigeria. But In hardship opportunity presents.

The business opportunity

The business opportunity on offer is simply money lending.

We will lend money against hard assets. Think jewelry, watches, gadgets, cars etc. To start with loan duration will be 30-90 days

How we make money

We simply make money from charging storage fees. i.e. X amount per day, per week or per month.

What we need

All we need to do is open up a shop in an easily accessible location and register it.

Our unique advantage

Most people don’t know how to market and get customers easily. I do. And it is the reason why I don’t mind putting the idea out there. Because 99.9% of people cannot replicate or implement in the way I can.

I already have a lead generation business up and running (providing lenders with leads) – but most of the funding capacity is concentrated in Lagos. Hence the opportunity to lend directly here in Abuja.

I have other business interests which mean I cannot focus 100% on this. I could hire employees, but as this directly involves money, a great deal of trust is needed. Hence why I only need people with vested interest in the business.

Plans for the future

I propose that we register the business with the CAC and open up a dedicated corporate bank account. This will be used to show evidence of money in and out. Using this evidence, we can easily apply for external funding and potentially scale across other states in 18-24 months ( i am thinking Kano or Kaduna)

Who I need

I need a couple people who have the capital to co-lend with me (at least a few million). If what you are investing is pretty much all the money you have – this business is probably not suitable for you.

Ideally you should be able to help manage the day-day operations of the business with me. So preferably looking for people with capital, but who don’t know what kind of business to do.

No age preference really, but you should be computer literate and be mature. Ability to learn quickly as well.

We will deliberately be starting out small.

Indicate interest at the below

bethnals9@gmail.com

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who will be the enforcers in the business? As in the bone breakers.

stagger:
who will be the enforcers in the business? As in the bone breakers.

Don't need any enforcers. The collateral will be sold to recoup the money.

Collateral must be something that is easily sold. e.g. cars, gadgets etc.

Shoot me an email if interested.

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