So up to an eventual $60M loan book through peer to peer (P2P) lender moneyplace , seems like Auswide is acting in wholesaling the loans , with Moneyplace being the shopfront .
Massive margin of nearly 12% from the current bankers on fixed personal loans so seems plenty of profit potential and guess leveraging the loans out 900% whole loan delinquencies not mentioned guessing can not be to bad , wonder what Auswide's cut is ?
Ann: ABA Analyst Presentation - MoneyPlace-ABA.AX, page-2
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