Borrowmoney.Com, Inc. Reports Earnings Results for the Second Quarter Ended February 28, 2019
April 15, 2019 at 03:37 pm IST
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BorrowMoney.Com, Inc. announced earnings results for the second quarter ended February 28, 2019. For the second quarter, the company announced sales was USD 15,745 compared to USD 0 a year ago. Operating loss was USD 7,323 compared to USD 32,456 a year ago. Net loss was USD 11,213 compared to USD 35,395 a year ago. For the half year, sales was USD 25,173 compared to USD 0 a year ago. Operating loss was USD 21,511 compared to USD 68,681 a year ago. Net loss was USD 30,840 compared to USD 74,204 a year ago.
BorrowMoney.com, Inc. is engaged in providing Internet-based platform that matches mortgage and loan providers with prospective borrowers. The Company offers to borrowers screened lenders and ensures the lenders trustworthiness and legitimacy. The Company provides institutional lenders with digital solutions by offering fintech technologically advanced gathered leads through an exclusive proprietary platform. Its online marketplace provides consumers with access to product offerings from its Network Lenders, including mortgage loans, home equity loans and lines of credit, reverse mortgage loans, auto loans, credit cards, deposit accounts, personal loans, student loans, small business loans and other related offerings. In addition, the Company offers tools and resources, including free credit scores that facilitate comparison shopping for these loans, deposits and other credit-based offerings. Its main objective is to provide lead generation services to the mortgage and loan lenders.