v3.25.2
SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
SCHEDULE OF NET INCOME FROM THE COMPANY’S REPORTABLE SEGMENT

Net income from the Company’s reportable segment is as follows:

 

   2025   2024   2025   2024 
   (Unaudited) 
   Three Months Ended June 30,   Six Months Ended June 30, 
   2025   2024   2025   2024 
Lending revenue:  $2,355,236   $2,443,215   $4,628,949   $5,016,293 
Less:                    
Interest expense   484,013    580,993    913,142    1,249,628 
Amortization of deferred financing costs   22,237    22,237    44,473    44,191 
Referral fees   1,523    500    1,667    1,000 
General and administrative expenses   437,785    434,282    891,355    844,560 
Income tax expense   1,210    650    1,210    650 
Other income   (4,500)   (4,500)   (9,000)   (9,000)
Net income  $1,412,968   $1,409,053   $2,786,102   $2,885,264