27 Jan '16, 5pm

Lendvo enters Domain Name Financing business

Company offers capital to owners of domain names and online businesses. A new company has entered the domain name lending space, offering loans to domain name owners and digital businesses. Lendvo was founded by Patrick Izzo and Ben Lichtman , nephew of the late Igal Lichtman (Mrs Jello). The company has a number of creative financing options for buying and selling domain names, as well as unlocking the equity built up in existing domain name portfolios. The most straightforward loan is for the purchase of a domain name. But Lendvo can get a bit creative. For example, if a seller has already entered into a payment plan arrangement with a buyer, Lendvo can pay the full amount upfront to the seller. It can also work with the buyer to convert the payment plan into a more traditional loan, perhaps spreading out the payments beyond the original 12 months. Lendvo will also provi...

Full article: http://domainnamewire.com/2016/01/27/new-company-provides...

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