Borrowmoney.Com, Inc. Reports Earnings Results for the Second Quarter Ended February 29, 2020
April 14, 2020 at 09:25 am
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BorrowMoney.Com, Inc. announced earnings results for the second quarter ended February 29, 2020. For the second quarter, the company announced sales was USD 14,622. Operating loss was USD 23,201 compared to USD 23,068 a year ago. Net loss was USD 27,727 compared to USD 26,958 a year ago. For the half year, sales was USD 14,622. Operating loss was USD 63,215 compared to USD 46,684 a year ago. Net loss was USD 71,948 compared to USD 56,013 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.