Business Information

• Name of company: Bigoph.com
• Registered address: 105 South Main Street Hopkinsville, KY 42240
• Founder and CEO: Founded by Wiliam & Catherine Miller

Executive Summary

Bigoph.com is a forward-thinking financial services platform designed to simplify access to credit and financial solutions for a diverse clientele. Our mission is to empower individuals and businesses by providing tailored credit products that meet their unique needs. Through innovative technology, exceptional customer service, and robust compliance frameworks, we aim to build a trustworthy brand that redefines financial empowerment.

Products and Services Being Offered

• Personal Loans: Flexible terms with competitive interest rates.
• Business Loans: Small business financing to support startups and established enterprises.
• Credit Advisory Services: Personalized credit building and repair programs.
• Gift Card Mobile Wallet: Secure storage and management of gift cards.

Market Analysis

Target Customers: Individuals seeking personal financing solutions, small and medium-sized enterprises (SMEs), and retail gift card users looking for mobile management tools.

Demographics and Geography: Adults aged 25-55, predominantly tech-savvy professionals and entrepreneurs. Nationwide, with a focus on urban and suburban areas.

Pricing Approach

• Personal Loans: Interest rates ranging from 5.99% to 15.99% based on creditworthiness.
• Business Loans: Customizable repayment schedules and processing fees between 1-2% of the loan amount.
• Credit Advisory Services: Monthly subscriptions starting at $29.99.
• Gift Card Mobile Wallet: Free basic access with optional premium features ($4.99/month).

Competitors

Competitors: LendingClub, Upstart, PayPal Credit, Square Capital.

Unique Selling Points (USPs): Tailored financial products designed for underserved markets, mobile-first approach, comprehensive financial literacy resources, and advanced data security protocols.

Implementation Plan

• Partnerships: Collaboration with major financial institutions and tech providers to enhance service delivery.
• Company Strategy: To establish a strong online presence, focus on customer satisfaction, and expand into new markets within the next two years.
• Objectives: Achieve a 20% market share in personal loans and introduce at least two new financial products annually.

Marketing Plans and Strategy

Marketing Strategy: Leverage digital marketing channels including social media, search engine optimization (SEO), and content marketing. Build partnerships with community organizations for outreach programs.

Future Plans: Develop a referral program and offer exclusive discounts for first-time users.

Target Audiences: Young professionals, small business owners, and individuals seeking to rebuild their credit.

Website: Visit our website

Capital Requirements and Financial Projections

Funding Sources: Initial funding from personal savings and venture capital investments. Future plans include securing a Series A funding round.

Primary Revenue Sources: Loan interest, subscription fees, and premium service charges.

Financial Projections: Expected annual revenue of $2 million within the first two years of operation, with a steady growth rate of 25% annually.