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6 Money Lending Company Success Stories [2023]

6 Money Lending Company Success Stories [2023]
Start A Money Lending Company

A money lending company is a business that provides loans to individuals or businesses in need of financial assistance. This type of company typically operates by offering a range of loan products, such as personal loans, business loans, and mortgage loans, to customers who meet specific eligibility requirements.

To run a successful money lending company, it is essential to have a thorough understanding of financial regulations and compliance and a strong marketing strategy to attract and retain customers. It is also essential to clearly understand potential borrowers’ creditworthiness and carefully evaluate the risk of lending money to them.

One essential tip for running a successful money lending company is offering customers competitive interest rates and terms, which can help attract and retain business. It is also essential to thoroughly understand the local market and carefully assess the risks and potential returns of lending to different types of borrowers.

In addition, it is essential to have a strong customer service team to handle inquiries and complaints and establish clear policies and procedures for handling defaulted loans. By following these tips and staying up to date with industry trends, entrepreneurs can start and run a successful money-lending company that helps meet their customers’ financial needs.

Here are some real life success stories of starting a money lending company:

1. Stratton Equities ($12M/year)

Michael Mikhail (from Pine Brook, NJ, USA) started Stratton Equities over 6 years ago.

$1M / month
1 founders / 20 employees
Pine Brook, NJ, USA

Case Study

My name is Michael Mikhail and I’m the Founder and CEO of Stratton Equities, the nation’s leading hard money and NON-QM (non-qualified mortgage) lender to national real estate investors, with the largest variety of mortgage loans and programs nationwide. We specialize in unique private money loan programs with the lowest rates in the industry and work directly with Real Estate Investors, Mortgage Brokers, and Realtors.

In 2017, I noticed how the mortgage industry had transformed after the regulations presented from 2008-2012, and knew it was time to set out something on my own - I literally started Stratton Equities with the last $1000 that I had and within the first six months, we grew to $1M. To date, we have grossed over $3M.


2. Lending America LLC ($300K/year)

Curtis Nalley (from Remote) started Lending America LLC about 8 years ago.

$25K / month
1 founders / 2 employees

Case Study

Hello, my name is Curtis Nalley. I am the Owner and CEO of Lending America. We provide a 0% interest for 12-24 months to help young entrepreneurs make their dreams a reality.

Our company has been around for about 5 years and we have helped fund billions of dollars to thousands of businesses across the United States. I measure my success based upon how much I loan out my own money per month and currently I’m loaning between $200,000 - $300,000.


Learn more about starting a money lending company:

Where to start?

-> How to start a money lending company?
-> How much does it cost to start a money lending company?
-> Pros and cons of a money lending company

Need inspiration?

-> Examples of established money lending company
-> Marketing ideas for a money lending company
-> Money lending company slogans
-> Money lending company names

Other resources

-> Money lending company tips

4. Anchor Loans ($1.2B/year)

Steve Pollack (from Calabasas, California, USA) started Anchor Loans about 25 years ago.

$100M / month
3 founders / 155 employees
Calabasas, California, USA

Case Study

Hi, I’m Steve Pollack, co-founder, and CEO of Anchor Loans, a private lending company that began in a spare bedroom in Pico Rivera, California, and has grown into a leader in our industry—operating in 47 U.S. states and D.C.

Anchor is proud to have been recognized in both 2018 and 2019 as one of the top 1000 on the Inc. 5000 list of America’s fastest-growing companies. We are excited by our growth and scale, but as a company committed to providing an exceptional customer experience, we are especially proud of the fact that today over 85% of our customers are repeat borrowers who have completed multiple deals with us. Also, the majority of our new borrowers were referred by a current customer. This is data that tells us we are consistently providing our customers with an experience they appreciate.


5. Parcela Ja ($288K/year)

Miguel Quintas (from Lisbon) started Parcela Ja about 5 years ago.

$24K / month
1 founders / 8 employees

Case Study

Hi, I’m Miguel Quintas, 50 years old and I like to consider myself as an enthusiastic challenge chaser. Parcela Já is my eighth company, out of which 4 went bankrupt. Do I feel sorry for that? No! Absolutely not. In total, those failures are some of my most precious assets.

Recently, I decided to start a new business - Parcela Já - and we are now able to offer end consumers the chance to pay for their products and services up to 12 installments without any interest or any other cost whatsoever. In the financial market it is called “Buy now. Pay later”.


Pat Walls,  Founder of Starter Story
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