Meet Niraj Singala | Funding Manager

We had the good fortune of connecting with Niraj Singala and we’ve shared our conversation below.

Hi Niraj, we’d love to hear about how you approach risk and risk-taking
I have been doing different things in the past 15 years from selling candles, As Seen On TV products, working at a motel, working at a jewelry store, working at a dollar store, running a gas station, owned a CBD store and now I own a loan service brokerage (along with being an IT professional in Cardiology). All these different avenues have allowed to open up my mind and make me confident in launching a new business or do new things with a go do it attitude. Without risk there is no reward and not every venture will be successful but if we don’t try then we wont know what our strengths and weaknesses are

What should our readers know about your business?
We are a loan service brokerage and offer unsecured loans ranging from $10,000-$400,000 with no down payment, no collateral, no upfront fees. The funding can be used for any purpose (that’s why we also like to call it Flex Funding) and the loan terms are 3,5 or 7 year terms with no prepayment penalties. We have a customer success fee of 15% of the loan amount you get approved for but you don’t pay that to us until after you have been funded. We have a team of corporate attorneys in house who will negotiate the best rates and terms for you on your behalf and the rates can be as low as 5%. Upon submitting your application along with the documents which we require, you can be funded in less than 7 days! Along with our core business of funding, we also offer add on products such as Mo Money Matters (our fix and flip program that allows investors who are funded through us to do fix and flips without lifting a hammer. and make a minimum profit of $20K guaranteed. Unheard of right?). Our H.E.A.D Program which allows investors to participate in wholesaling properties and make anywhere from $6K-$10K in less than 45 days guaranteed. Our R.E.A.L Program which lets investors purchase Air BNB properties and use our mentoring to teach them the business. Our C.A.R Program that helps investors open up their own luxury car rental business on Turo. Our latest program is the U.S.A Program where we will UnSigned Artists get funded so they can become stars!

This business has given me a lot of satisfaction as it gives me the ability to talk to people and help them grow their business, help them achieve their dreams and create a stronger financial future for them and their families. When I see them succeed it makes me very proud that I can be a part of someone’s happiness.

Launching any business is not easy as you have to learn the ropes and get to know the processes that work for you or the ones that don’t work and I cant stress enough how important social media presence is. It helps us grow organically especially on a tight budget for advertising.

The biggest lesson I have learned is there are going to be days where we are slow and some days that are extremely busy. Don’t be discouraged and stay consistent for success. Its very easy to give up if you are not getting the results you are expecting.

If you had a friend visiting you, what are some of the local spots you’d want to take them around to?
Atlanta is a very fun city and tons of things to do. I love taking people to downtown and showing them the Coca Cola factory, Georgia Aquarium, Ponce City Market. I am more biased towards North Georgia since I do live in Cumming, GA so I like taking people to Avalon, Halcyon for a day out and for amazing eateries. I also enjoying goin to mountain hikes at Sawnee mountain and enjoy the greenery and not forgetting the Outlet Shopping in Dawsonville,

The Shoutout series is all about recognizing that our success and where we are in life is at least somewhat thanks to the efforts, support, mentorship, love and encouragement of others. So is there someone that you want to dedicate your shoutout to?
I have been blessed to be surrounded with a good group of friends who are encouraging and help out when I want to do something new in like. Special thanks to my wife Radha Singala for putting up to my crazy ideas and letting me experiment with all these new ventures as it can be very challenging and time consuming when starting something from ground up. I would also like to thank Sameer Jessani (The CEO of Summit Labs in Tampa, FL and my childhood friend) for always showing me a vision outside of a straight line. He always tells me when everyone say NO then prove to them that it can be done!

Website: www.pesafunding.com

Instagram: https://www.instagram.com/pesafunding/

Linkedin: https://www.linkedin.com/in/pesa-funding-098670228/

Twitter: @FundingPesa

Facebook: https://www.facebook.com/pesafunding/

Yelp: https://www.yelp.com/biz/pesa-funding-cumming

Youtube: https://www.youtube.com/channel/UC4l81FtRLjNSXRphOKaIVkg