Matthew Wiechert
Newport Beach, CA (USA)
Role(s):
iCashDirect, Inc.
Find More Startups
Startup
Location:
Newport Beach
Industry:
Finance
Year Founded:
2006
Number Employees:
INVALID
Description:
iCashDirect offers short-term cash advances exclusively over the internet under the name “QuickBucksDirect”. The company currently offers online payday loans in 4 states: FL, TX, MO and UT. The Company has been able to successfully control default rates while rapidly growing its loan balance, turning profitable month-to-month in Q2'08, thanks to our proprietary underwriting rules and in-house call center. The company currently has 7 employees and a loan balance of $180k+ and has been operating since September, 2007.
The management team consists of a variety of backgrounds ranging from Wall Street to mortgage brokerage and real estate operations management. Financial models and business plans available upon request.