California Regulation Risk vs Rate vs Return
Need a Funder or Vendor? START HERE

Results 1 to 11 of 11
  1. #1
    Karen37a
    Guest

    California Regulation Risk vs Rate vs Return

    Just curious to know if anyone is immediately putting calif on a restricted list and also raising the rates?

    For the increased potential litigation costs factored in?

    I would If I was a Funder...not sure if anyone else is making that move

  2. #2
    Senior Member Reputation points: 338677
    Join Date
    Mar 2015
    Location
    Boynton Beach
    Posts
    3,477

    Karen37a,

    We are not. We have several clients in California that are thriving and are seeking more. I am probably going to an industry focused trade show there in the very near future with some of our West Coast folks.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  3. #3
    Karen37a
    Guest
    Quote Originally Posted by kevinhenry0527 View Post
    Karen37a,

    We are not. We have several clients in California that are thriving and are seeking more. I am probably going to an industry focused trade show there in the very near future with some of our West Coast folks.
    You are a bank its different

  4. #4
    Senior Member Reputation points: 338677
    Join Date
    Mar 2015
    Location
    Boynton Beach
    Posts
    3,477

    Quote Originally Posted by Karen37a View Post
    You are a bank its different
    We are factors....same disclosures required.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  5. #5
    Karen37a
    Guest
    Quote Originally Posted by kevinhenry0527 View Post
    We are factors....same disclosures required.
    I do not know why you do not understand this

    Its not your money and the bank is behind you. And their lawyers.

    its not the same for Funders...especially smaller ones

  6. #6
    Karen37a
    Guest
    Also Kevin .

    I can't explain it again. When the money is regulated. Debt Relief might descend on you for the reasons I stated before.

    If lawyers have a reason to sue, or debt relief can tell these people to "force default" they will

    I guess you will experience it for good and bad and ill be right or wrong

  7. #7
    Senior Member Reputation points: 338677
    Join Date
    Mar 2015
    Location
    Boynton Beach
    Posts
    3,477

    Quote Originally Posted by Karen37a View Post
    I do not know why you do not understand this

    Its not your money and the bank is behind you. And their lawyers.

    its not the same for Funders...especially smaller ones
    I clearly understand what the new reg requires and I deploy our bank's capital is if were my own. It may be different for smaller funders and factors as they do not have the luxury of my cost of capital.

    Understanding Risk-You can't steal second base with your firm firmly planted on first......
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  8. #8
    Karen37a
    Guest
    Quote Originally Posted by kevinhenry0527 View Post
    I clearly understand what the new reg requires and I deploy our bank's capital is if were my own. It may be different for smaller funders and factors as they do not have the luxury of my cost of capital.

    Understanding Risk-You can't steal second base with your firm firmly planted on first......
    Debt Relief is lining up to Force Default

    Like loan mods during the crash

    ive tried to stop it...thats all i can do ..i had enough
    Last edited by Karen37a; 10-03-2018 at 05:32 PM.

  9. #9
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,318

    Quote Originally Posted by Karen37a View Post
    Debt Relief is lining up to Force Default

    Like loan mods during the crash

    ive tried to stop it...thats all i can do ..i had enough
    You, and only you can stop them, Karen. Stop all these perceived threats.

  10. #10
    Karen37a
    Guest
    Quote Originally Posted by WestCoastFunding View Post
    You, and only you can stop them, Karen. Stop all these perceived threats.
    Its not a perceived threat

    They are in business to get clients. Bankruptcy lawyers look for clients who want to go bankrupt. Debt Relief looks for people who need debt relief. There are ethical Debt Relief people but all you have to do is look at all the illegal Debt relief companies that Yellowstone went after and others

    You were not getting 4-5 calls a day from people like turnaround saying ...send us deals. We all were. Not you..us.

    NOw if there is regulation its very EASY to force default

    And if I was marketing for debt relief. I would head straight to calif...so just like YOU think it's a boon town so do they

    Anything else is naive, non-experienced thinking

    I came thru 4 crashes and regulations..i know what happens real time ...and you will see I am right

    So have at...BOTH of you get imploded on. Other people see what I just typed people know what I am saying is true...and if you do not believe me go ask a financial laywer...or foreclosure

    And I blocked those Foclsures on investors on the back end so you will never meet someone with more experience than me.

    I do not have marks on my licence because I was very lucky and never lost anyone money
    Last edited by Karen37a; 10-03-2018 at 06:01 PM.

  11. #11
    Karen37a
    Guest
    And I can't stop it. I tried to stop regulation and you and your merry bad of misfits ran around saying

    karen has a dui, Karen has stock fraud ( stock fraud a completely made up story Kavanagh style)...so no one would listen because both of you thought you would gain business from it

    When people lose money they can blame the guys pushing for regulation...all 5 of you
    Last edited by Karen37a; 10-03-2018 at 06:18 PM.

Similar Threads

  1. Replies: 14
    Last Post: 01-10-2018, 08:52 PM
  2. Replies: 0
    Last Post: 11-20-2017, 07:18 PM
  3. Tax Return Not Required
    By RFunding in forum Business Loans
    Replies: 3
    Last Post: 11-11-2016, 01:20 PM
  4. California regulation to become stiffer.
    By Jstarr in forum All Other Lending
    Replies: 1
    Last Post: 08-06-2016, 01:43 PM
  5. Replies: 0
    Last Post: 02-11-2015, 01:32 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Fed penalizes Evolve Bank
Cloudsquare unveils Cloudsquare Lend
Pipe secures $100M credit facility


DIRECTORY