Borrowmoney.Com, Inc. Reports Earnings Results for the Third Quarter Ended May 31, 2021
July 20, 2021 at 04:15 pm
Share
BorrowMoney.Com, Inc. announced earnings results for the third quarter ended May 31, 2021. For the third quarter, the company announced sales was USD 0 compared to USD 5,850 a year ago. Operating loss was USD 81,712 compared to USD 14,302 a year ago. Net loss was USD 91,655 compared to USD 18,936 a year ago. For the nine months, sales was USD 3,000 compared to USD 20,472 a year ago. Operating loss was USD 114,292 compared to USD 77,517 a year ago. Net loss was USD 139,564 compared to USD 90,884 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.