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10-03-2018, 05:00 PM #1Karen37aGuest
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
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10-03-2018, 05:08 PM #2
- 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
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10-03-2018, 05:09 PM #3
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10-03-2018, 05:11 PM #4
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,477
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
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10-03-2018, 05:12 PM #5Karen37aGuest
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10-03-2018, 05:27 PM #6Karen37aGuest
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
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10-03-2018, 05:29 PM #7
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,477
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
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10-03-2018, 05:30 PM #8Karen37aGuest
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10-03-2018, 05:46 PM #9
- Join Date
- Oct 2016
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- 4,318
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10-03-2018, 05:51 PM #10Karen37aGuest
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 moneyLast edited by Karen37a; 10-03-2018 at 06:01 PM.
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10-03-2018, 06:06 PM #11Karen37aGuest
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 youLast edited by Karen37a; 10-03-2018 at 06:18 PM.
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