Award-Winning Hard Money Lender #65346

The Company is a 3-time award winning hard money lender that has been lending to single-family real estate investors since 2009, and structures its lending programs to be the most cost-effective, fully disclosed loans without any hidden fees. The Company funds both short-term and long-term transactions for single -family “fix-and-flip” investments and rental properties. The Company also finances wholesale transactions where funds are needed for same day closings . Location: Texas Year Established: 2009 Number of Employees: 6 Real Estate: Leased Building Sq. Ft.: 1,564 Rent: $3,750.00 Per Month Facilities: The facility can accommodate significantly higher revenues without major facility improvements or capital equipment expenditures. IML occupies a 1,564 square foot office facility. The facility is leased from a third party, and an annual fair market rental rate of $45,000 is assumed. Market Outlook/ Competition: • Diversified Customer Base - No single customer accounted for more than 1% of revenue during the historical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account. • In Full Compliance with Current Lending Regulations - The owner is AAPL Certified and HMDA compliant. • Proprietary Software - The Company owns a proprietary software developed in 2010 and enhanced throughout the Company’s operating history. Management indicates that this software is the backbone of its operations and it enables the Company to automate its lending business. • Strong Net Working Capital - Ending December 31, 2020, the Company’s unadjusted current assets were approximately $4,655,000 and current liabilities were $1,819,000, resulting in a Net Working Capital (NWC) of $2,837,000. Growth & Expansion: *Satellite Offices *Online Sales/Marketing *Correspondent Lending