East Orange, NJ 07018, US
Financial Services
Investoshare, Inc is an alternative lending company that provides short and mid term funding to small businesses in need of capital.
Alternative financing is becoming more main stream and popular by small business owners. The reason the demand is so high is because 80% of small businesses and small business owners don’t qualify for traditional funding. Investoshare, Inc. is an international alternative broker with a direct focus in the Canadian market. Due to changing banking laws, lending criteria and guidelines, it has created an opportunity in the alternative finance industry. In the United States, the alternative finance industry is becoming more main stream with companies such as, OnDeck Capital, Kabbage, Principis Capital and CAN Capital to name a few. With the recent recessions in US and Canada, it has made it difficult for small business owners to obtain capital. Small businesses are the backbone to any thriving economy because it creates employment opportunities for citizens. Lack of capital will put a strain on a small business growth. The traditional bank asks for a small business owner to be in business for at least 5+ years, have a credit score above a 660, audited financials, mountains of paperwork, very intense underwriting process and takes anywhere for 30 to 90+ days to fund. By doing extensive research, we found that most small businesses wouldn’t qualify for this type of financing and if they did, the time it takes to fund is too long. A lot of small business that can qualify for traditional financing are looking for alternatives due to the underwriting and paperwork involved with traditional lending. Investoshare will provide short term loans, advances and lines of credit with minimal paperwork and streamlined underwriting. We will have several programs designed to help the small business owner that can’t qualify for traditional financing and those that are looking for an alternative to traditional financing. Canada is still new to alternative lending and only have five (5) direct lenders that are providing alternative financing.
3-7 years
The management team is led by Chief Executive Officer and Founder Shaheed T. Bailey, who founded the company in 2014. Shaheed started his career on Wall St. as a broker and moved into banking and finance. Shaheed has a total of 10 years in Sales, Banking and Finance. Under Shaheed’s leadership as a ISO/Broker, he has closed over $1,000,000 in loans.
Prior Year Revenue | Current Year Revenue | Next Year Revenue |
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Sign up as Investor | Sign up as Investor | Sign up as Investor |
Company Age | Employees | Sub-Industry |
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1 year, 6 months | 1 | Other Financial Services |
Company Type | Stock Exchange | Stock Symbol |
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Privately-Held | – | – |