According to the Center for Responsible Lending consumers who are out of borrowing options are using their automobiles as collateral and paying $3.5 billion a year in interest for the so-called Auto Title Loans.
Las Vegas shares a $350 Million slice of a $30.7 Billion USD Industry
Is a well established burgeoning industry in Las Vegas
Today’s clients when they need cash have few alternatives
Auto title loans are short-term, high-interest loans secured by the title of a used vehicle
Car title lenders market their product as a way for families to overcome a financial emergency
The industry provides financial solutions for credit challenged individuals
It is our belief that the existing industry is ripe for change. The percentages of vehicles repossessed is a well kept secret by the vast majority of lenders today.
As an established insider we at Green Corner Cash know that this rate is extremely high, as much as 65% and repossession occurs typically within the first 3 months of a loan.
The most stated reason for this scenario is interest rates are too high and therefore the monthly obligation too difficult to meet.
In our own experience we have found that a more reasonable interest rate accomplishes a number of things, the most important being an immediate cost savings to the customer.
A lower interest rate also provides the company with an edge over our competitors. This edge is a direct result of the cost savings to the customer. The cost savings essentially “brings the customer directly to us” which in turn allows the company to operate out of one central location in Las Vegas and eliminate the costly need for multiple store locations.
We are setting a new industry standard, it is our mission to remove the negative stigma attached to the industry. We are working closely with our customers to be recognized as the most customer friendly organization in the business.
Our company Motto is “We do not need to be greedy to be profitable”.
We have outlined and discussed above the size and potential of the industry we invest in. The demand for these types of loans is growing at an exceptional rate and a company like ours has reached a point where we must start to seek investment capital to maintain this growth. With interest rates offered by typical banks on CD’s and other similar investments at all time lows between 1-2% annually, and with stock markets at record levels, we at Green Corner Cash LLC are proud to offer an attractive alternative to our investors offering rates at 12% annually paid out in convenient monthly or quarterly payments. We are seeking individuals looking forward to participate in the long term growth and profitability of an already successful company.
Please contact us and speak to a company representative for further details about this investment and any other questions you may have. We look forward to a future that includes you!
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