Entries by Nathan Currin

IOU Financial Extends Credit Facility with Midcap Financial

MONTRÉAL, Feb. 27, 2018 /CNW Telbec/ – IOU FINANCIAL INC. (“IOU” or “the Company”) (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today that it has modified and extended its secured credit facility (the “Credit Facility”) with MidCap Financial, (“Midcap”) until December 31, 2020. The amount of the Credit Facility is USD $20 million, with a term portion equal […]

10 of the Best Online Tools for Busy Business Owners

Running your own business can keep you pretty busy. From payroll and staff to marketing and PR, you’ll sometimes feel like you’re spinning plates. Thankfully, thanks to digital transformation, it’s become easier for business owners to automate tasks and save valuable time thanks to clever tools. Whether you are running a small operation, or have […]

IOU Financial Partners with goEBT to Offer Funding to Network of 25,000 Convenience Store Owners

MONTRÉAL, Jan. 31, 2018 /CNW Telbec/ – IOU FINANCIAL INC. (“IOU” or “the Company”; TSX-V:IOU), a leading online lender to small businesses (IOUFinancial.com), is pleased to announce a strategic partnership with Marietta, GA-based c-store solutions provider goEBT (goEBT.com).  Through this strategic partnership, goEBT’s network of 25,000 convenience store owners nationwide will be able to access IOU’s fast, convenient, non-collateral […]

IOU Provides 2018 Financial Outlook

MONTREAL, Jan. 24, 2018 /CNW/ – IOU FINANCIAL INC. (“IOU” or “the Company”; TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), today announced its outlook for fiscal 2018.  All dollar amounts are in Canadian dollars unless specifically referred to otherwise. Outlook for fiscal 2018 IOU remains well placed at the forefront of the fintech revolution that is […]

5 Most Common Small Business Marketing Mistakes

When dealing with a smaller team generating smaller profits, marketing efforts can often fall by the wayside. But many small businesses tank when lack of visibility is causing a dive in sales. In order to avoid bankruptcy as a small business owner, keep a few of these common errors in mind and learn how to […]

IOU Financial Surpasses US$500 Million in Loans Originated

MONTRÉAL, Dec. 6, 2017 /CNW Telbec/ – IOU Financial Inc. (“IOU” or “the Company”) (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announces today that it has facilitated more than US$500 million in financing to thousands of merchants and small businesses across the United States and Canada since launching its lending platform.  “$500 million in originations is a significant milestone that we are […]

IOU Financial Inc. Releases Financial Results for the Three and Nine Month Period Ended September 30, 2017

Gross revenue increased 5.7% to $13.2 million for the nine-month period ended September 30, 2017 compared to the same period in 2016. Opex (excluding non-recurring costs) decreased 19.3% to $2.2 million for the quarter ended September 30, 2017compared to the same period last year. The Company achieved its target of quarterly operating costs of $2.0 million to $2.2 million on a normalized basis. The […]