BMG Money
| Private | |
| ISIN | 🆔 |
| Industry | Financial services |
| Founded 📆 | |
| Founder 👔 | Angela Guimaraes |
| Headquarters 🏙️ | Miami, Florida |
Area served 🗺️ | United States |
Key people | Tom McCormick (Co-CEO), Paulo de Tarso Coroa (Co-CEO) |
| Members | |
Number of employees | |
| 🌐 Website | https://bmgmoney.com/ |
| 📇 Address | |
| 📞 telephone | |
BMG Money is a privately held financial services company based in the United States with its headquarters in Miami, Florida. The company provides loan solutions and free financial tools for money management.[1][2]
History[edit]
BMG Money was founded by Angela Guimaraes[3] in Miami, FL.[4] The company offers fixed-rate, fixed-payment loans for retirees, employees, and federal employees of up to $5,000 to help them avoid predatory lenders.[4][5] Tom McCormick and Paulo de Tarso Coroa are Co-CEOs of the company.[6]
BMG Money caters to the needs of Americans who struggle with subprime credit or limited access to other loan sources.[7] It provides emergency loans, employee benefits, alternative lending, financial education, LoansForFeds, and loans for underserved populations.[8][5][9]
BMG Money created an employee benefit program ''LoansAtWork'' that helps employers reduce their employees' financial distress through manageable credit.[6]
BMG Money also donated to hospitals, schools, and a political campaign called Citizens for a Healthy Miami-Dade.[10][4][9]
References[edit]
- ↑ "BMG Money increases qualified leads by 42% and cuts cost per lead by 51%". SegmentStream. 2023-02-08. Retrieved 2023-08-13.
- ↑ "Voluntary Emergency Loan Program" (PDF). Broward.org.
- ↑ "Florida Department of State".
- ↑ 4.0 4.1 4.2 "If You Are Having Trouble with the Economy, Check Out BMG Money - OurSeniors.net". 2022-05-02. Retrieved 2023-08-20.
- ↑ 5.0 5.1 "BMG Loan Program | City of Fort Lauderdale, FL". www.fortlauderdale.gov. Retrieved 2023-08-20.
- ↑ 6.0 6.1 "BMG Money offers responsible credit lifeline, helping employers ensure financial wellness of their workforces". Yahoo Finance. 2023-05-01. Retrieved 2023-08-20.
- ↑ "What allotment loans mean for government employees". Federal News Network. 2021-03-24. Retrieved 2023-08-20.
- ↑ "Federal & Military Retirees Have New Loan Options From BMG Money". www.businesswire.com. Retrieved 2023-08-20.
- ↑ 9.0 9.1 "Loans at Work – Human Resources and Development". tularecounty.ca.gov. Retrieved 2023-08-20.
- ↑ "WellBeing BMG Loans". www.broward.org. Retrieved 2023-04-08.
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