Welcome!
This site was designed as a resource for perspective Business Owners to gather some information about Professional Finance Managers. Please look this information over and let us know what questions or concerns you may have. NOTE: We are NOT in the business of selling businesses or franchises. As such, we are selective in who we accept into our program.
Front Page Review:
The Power Behind the Brand
Professional Finance Managers is a subsidiary of Credit Technologies. Credit Technologies is a FinTech company that is partners with TransUnion, multiple lenders and lending platforms. Together, they provide a complete Point of Sale financing technology that Retail Merchants use to pre-qualify and then secure financing for their Retail Customers.
Our Business Model
Professional Finance Managers offers small to medium sized businesses (Retail Merchants) with a full-service point of sale financing solution for their retail customers.
Our Target Markets
Professional Finance Managers primarily operate with Dealers who are selling products such as Golf Carts, Boats, Campers, ATV's, Power Sports Products, and Commerical Equipment (i.e. Lawn Tractors).
The Business Opportunity
Due to a very high demand for our targeted point of sale financing offering, we made the decision to set people up with independent businesses in protected markets around the country. As a Market Owner; you will market our services to Dealers in your territory, and then you will be responsible for processing and closing loans for their customers.
This is NOT a Franchise Opportunity
At Professional Finance Managers, we will provide you with our credit technology that is tied into TransUnion and multiple lenders. We will train you to use the same blueprint we use at our home office. We will offer you a protected territory including any and all Dealers/ Merchants within it. And, we will train you to build a successful business. But we do NOT share your profits. You pay a one-time investment to get started; a monthly subscription fee to use the technology; and then for your own credit reports delivered by Trans Union.
The Required Investment
Based on size and potential, we have markets available from $19,500 to $39,500. However, we require you to have assets of $50,000 to get involved. This requirement is for your benefit! We want to make sure any potential Market Owner will have the financial backing to pay for things like marketing and staff as needed. The overhead for this business is extremely low. But you have to be able to compensate for your start up time.
The Potential Return
While we cannot offer any guaranteed statements as to your potential return or success, we can share our fee structure and basic projections. We (you will) charge a fee on each funding that ranges between $375 to $775. Thus, you can project an average of $575 per funding. Due to high and low seasons, most of our dealers will average 30 to 60 loan closings per year. Therefore, we will be conservative and project 30 loan closings per dealer per year. If you average $575 per closing and a dealer closes 30 loans a year, that will mean you could project $17,250 per dealer per year. Thus, you only need a 15 to 30 dealers to use your service to operate a very successful business with almost no overhead.