Borrowmoney.Com, Inc. Reports Earnings Results for the Second Quarter Ended February 28, 2021
May 17, 2021 at 11:21 am
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BorrowMoney.Com, Inc. announced earnings results for the second quarter ended February 28, 2021. For the second quarter, the company announced sales was USD 3,000 compared to USD 14,622 a year ago. Operating loss was USD 7,750 compared to USD 23,201 a year ago. Net loss was USD 11,579 compared to USD 27,727 a year ago. For the half year, sales was USD 3,000 compared to USD 14,622 a year ago. Operating loss was USD 32,580 compared to USD 63,215 a year ago. Net loss was USD 47,909 compared to USD 71,948 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.