Jeff Mangus
Ripley, WV (USA)
Role(s):
Mangus Deductible Financing Service
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Startup
Location:
Ripley
Industry:
Insurance
Year Founded:
2006
Number Employees:
INVALID
Description:
My name is Jeff Mangus and I am writing to to inquire professional investors and funding for a a start up company that provides Insurance Deductible Financing for insurance policy owners. I thought of the idea after I needed the money to pay a deductible recently and had to dip a little further into my savings than I wanted to. The concept is simple. The Deductible Financing company provides the service of paying deductible fees upfront for every individual that signs up and submits their deductible costs and fees. The fee is paid by the company but with an added small finance charge of 3-5%. This could be a service for consumers who don't have the upfront money to pay their deductibles but need to pay them so the insurance company will pay the rest. The deductible balance will then be pa