THE BLOG

30
Aug

Available: EXPERIENCED SMALL DOLLAR LOAN [AFS] EXECUTIVE  

Available: EXPERIENCED SMALL DOLLAR LOAN [AFS] EXECUTIVE  

Director of Human Resources and Business Development 2010 –

Hired as a consultant to develop a new unsecured loan product. The success of that project led to a long-term position to support company executives with human resources and business development.

  • Orchestrated launch for new Personal Loan product to expand market share and generate over $600,000 in revenue the first year.
  • Directed HR operations for 200+ employee operation across 25 locations, including strategic workforce planning, goal cascading, performance management, staffing, and benefits administration.
  • Planned, monitored and appraised employee work results by training managers to coach and correct employees.
  • Counseled leadership and offered actionable initiatives to reduce compliance-related issues addressing equal employment opportunity and sexual harassment.
  • Facilitated conversion from Paychex payroll system to new ADP HRIS technology in a smooth, efficient and diligent manner to minimize impacts and proactively address any problems.
  • Evaluated developing call center operations and current market trends to identify necessary improvements and capitalize on changes.
  • Recruited and developed over twenty employees for call center sales department and developed quality employees within the call center to take on leadership positions.
  • Consulted with technology development teams to create and enhance CRM, lead generation, websites, and automated marketing campaigns.
  • Researched, negotiated, facilitated and managed real estate transactions.
  • Outlined work plans, determined resources, wrote timelines and generated initial budgets as part of project scope determination for tenant improvement projects.

CM RETAIL MANAGEMENT, INC | Phoenix, AZ

Chief Operating Officer 2007 – 2010

Vice President 2001 – 2007

Independent Consultant 2001 – 2001

Sold “No Problem Check Cashing and More” to CM Retail Management and accepted a consulting position to assist in the expansion of the company into the Arizona market. Due to the success of the consulting arrangement, an offer was accepted for the position of Vice President. Went on to grow the company from 9 locations and negative cash flow to 43 locations and annual cash flow in excess of $10mm.

  • Developed and implemented new strategies and policies in collaboration with executive partners to establish and achieve long-term business objectives, providing company with strong and sustainable organizational leadership.
  • Gathered, analyzed, prepared and summarized recommendations for financial plans and acquisition activity, including future requirements for operating expenses.
  • Led the organization by developing a professional and ethical culture focused on service excellence.
  • Conducted research on emerging trends within the industry and capitalized on creating, identifying, and developing new products, services and strategies to increase business market share, drive growth and onboard new customers annually.
  • Aligned organizational objectives with company’s mission, increasing revenue, profit and business growth by collaboratively developing integrated strategies.
  • Organized budgets, oversaw P&Ls and exceeded margin targets consistently to stay ahead of growth plans.
  • Devised, deployed and monitored processes to boost long-term business success with optimal sales and profit levels.
  • Supported regulatory compliance by implementing policy, procedure and overseeing all audits to verify protocol adherence.
  • Developed program to promote new managers from within, building and maintaining cohesive leadership structure.
  • Achieved under-budget and on-time project management to adhere to project goals.

“NO PROBLEM CHECK CASHING AND MORE, INC” |

Founder, President 1997 – 2001

Sole owner and operator of three branch locations engaged in check cashing, MoneyGram wire services, money order sales, tax preparation and other related service offerings.

  • Formed the corporation and contributed all startup capital.
  • Secured business licenses and permits.
  • Selected the sites and negotiated leases.
  • Hands on oversight of all stores infrastructure buildout.
  • Designed the signs, logos, marketing materials, yellow page ads and business forms.
  • Wrote detailed training materials.
  • Developed banking relationships, selected and negotiated with vendors.
  • Hired, trained, coached and mentored staff.
  • Managed all day-to-day operations and ensured timely and accurate accounting of financial results.
  • Negotiated the sale of the business for profit.

SUMMARY
Experienced strategist, entrepreneur and startup enthusiast with a passion for building businesses and challenging the status quo. 20+ year track record of defining new business strategies, launching new ventures and delivering operational impact, both as a founder and executive manager. Expert presenter and negotiator, able to forge solid relationships with key partners and build consensus across multiple organizational levels.

SKILLS & EXPERTISE
Business Acumen • Proactive and Strategic Leader • Project Management • Financial Analysis/Projection • In-Depth HR Knowledge • Product/Concept Development and Implementation • Innovative Thinker • Excellent Communication Skills and Content Writing • Organized, Motivational Leader • Strong Problem Solving and Analysis • Customer/Client Focused • Real Estate Site Selection and Purchase/Lease Negotiations • Technology/Software Proficient

Want to explore what this executive can do for your business? Shoot an email to TrihouseConsulting@gmail.com 

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20
Aug

7 Acquisition Opportunities + Tribe TLE + MSB: Biz of Lending to the Masses

7 Acquisition/Participation Opportunities Available Today! 

NOTE: There are zero brokers involved in these deals listed below!

Los Angeles Check Cashing-Payday Loan Store for SaleNative American Financial Services: The opportunities for geographic and natural resource-challenged Native American Indian Tribes to experience economic prosperity via online eCommerce while simultaneously offering responsible financial services to deserving consumers is here today!

Tribally owned eCommerce businesses, in collaboration with “Silicon Valley” expertise [Fintech: Artificial Intelligence, data analysis, automated underwriting, instant funding, smartphone platforms…] results in lower customer acquisition costs [CAC], faster/cheaper underwriting, automated approval & funding, lower first-time payment defaults [FTPD].
Faster/Cheaper = lower-cost consumer loan products while maintaining superior financial returns to Indian Country. 
Los Angeles Check Cashing-Payday Loan Store for Sale 
Check Cashing & Payday Loan Brick-n-Mortar in Los Angeles, Calif.
Los Angeles Check Cashing-Payday Loan Store for Sale
Need more info about this Los Angeles Business?
Shoot an email to TrihouseConsulting@gmail.com
Los Angeles Check Cashing-Payday Loan Store for Sale
Nine Dollar Loan Center Installment Loan Stores in Utah
Audited financials are available.
Hurry on this one! This is a unique, highly desirable package in a “friendly” State with exclusive municipality arrangements that cannot be duplicated.
Dollar Loan Center Opportunity
Need more info about these Utah Dollar Loan Center installment loan business locations?
Get on a call with the seller today! Shoot an email to TrihouseConsulting@gmail.com

Los Angeles Check Cashing-Payday Loan Store for Sale

TITLE LOAN PORTFOLIOS WANTED: Cash buyer desires to purchase title loan portfolios in any state. AGGRESSIVE! Will consider all opportunities. Goal: To scale their car title loan portfolio rapidly. Note: Buyer is a 100% focused Online Title Loan Lender. Buyer desires your portfolios only. No stores, no infrastructure
Email TrihouseConsulting@gmail.com  for buyers contact info.

Los Angeles Check Cashing-Payday Loan Store for Sale

Texas CAB/CSO and “Regulated Lender” stores available:
Four independent sellers open to offers. Individual packages include:
  • 40 locations
  • 10 locations 
  • 2 locations
  • 1 location
Email TrihouseConsulting@gmail.com  for sellers contact info 

Los Angeles Check Cashing-Payday Loan Store for Sale

Southern Calif. PDL Location: San Diego, Calif payday loan store available. 10+ years…
To discuss directly with seller: TrihouseConsulting@gmail.comLos Angeles Check Cashing-Payday Loan Store for Sale
MSB Bank Services Needed: I have  several MSB licensed California clients owner/operators having blended multi-chain check cashing/liquor/convenience stores in need of bank services. Check cashing volumes range from $100M/month [That is not a misprint.] to $1.5M per month. These locations cash checks, sell money orders, wire money via MoneyGram & Western Union… These are operators having 20+ years in the MSB industry, stellar audit/compliance programs… paying $100K+/month bank fees! ACH & debit card processing would be a plus. 
Their typical client is the unbanked/underbanked consumer or small & medium-sized business [SMB] who needs to cash their payroll, government or insurance check in order to purchase food, liquor, building supplies, inventory for resale… 
Background: My colleague has built a 20 year+ compliance practice focusing on money service businesses, convenience stores [think 7-11 & Circle-K] and liquor stores offering check cashing, money transfer, money order sales in conjunction with cigarettes, beer, wine and liquor, snacks, pizza, gasoline, breakfast, candy, ice cream…  
For detailed financials, a “deck” & more: Email TrihouseConsulting@gmail.com 
Los Angeles Check Cashing-Payday Loan Store for Sale

THE BUSINESS OF DELIVERING MONEY TO THE MASSES IS UNDERGOING MASSIVE DISRUPTION!

Fact 1: 11,000 boomers turn 65 YEARS OLD EVERY DAY and a hell of a lot of them own money service businesses.  The Boomer generation owns more businesses today than any generation in history!

Fact 2: Family members of these Boomers don’t want to take over the family business! So… Boomers need to sell! It’s a BUYERS MARKET!

Fact 3: We have been, and will continue to be a “society of Debtors & Creditors!” It’s simply a fact of life.

Fact 4: Startups fail. They fail OFTEN! Why start when you can buy? Acquire, grow, innovate, increase profits, build an ASSET… Acquisition Entrepreneurs do not start companies from scratch. They acquire companies with established customers, brand awareness, employees, and most importantly revenue and PROFITS.

Acquisition Entrepreneurship

Magical Recipe = combine an existing small business’ profitable infrastructure + innovation + entrepreneurs drive and energy.

Fact 5: When Boomers sell, they need to put their proceeds to work! A CD with Wells Fargo earning <2% ain’t going to cut it! Better? Seller financing!

Fact 6: Existing businesses that are able to embrace the disruptive technologies attacking them experience GREATER SUCCESS than startups. OLD DOGS with NEW TRICKS easily withstand disruption in an industry! The OLD DOGS benefit from existing infrastructure, industry insight and existing customers panting for superior loan products and immediate gratification.

Forward to a friend! Earn a piece…  Got a deal? An opportunity? Reach out to Me!
Jer – Trihouse 702-208-6736 Cell
Knowledge Store: Resources for Lending $$ to Consumer
https://www.PaydayLoanIndustryBlog.com
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29
Jul

Utah Acquisition Opportunity: Nine “Dollar Loan Center” Locations & Asset Sale

To the point, an “Acquisition Opportunity” including Nine Turnkey, State-of-the-Art, High-end Dollar Loan Centers for Sale in Utah.

What’s included in this sale: 

  • All the assets; a highly profitable ongoing installment lending business.
  • Nine Locations spread throughout Utah.
  • The past 18 months demonstrated solid consistent profits of $186,801 per month = $2,241,613 annualized! [January 21st – June 30th 2019.]
  • 15 years; tens of thousands of loyal customer data & transactions.
  • Fully reviewed & audited RSM McGladrey Financials.
  • Operations & Key Management/employees.
  • High-end furnishings & fixtures [If you know Chuck & his Team, you’re already aware they always go BIG with every endeavor!]
  • Cash Recyclers: Your money is safe from external & internal theft with these built-in secure vaults.
  • Loan Management Software [LMS]is provided by a top name in our industry.
  • An extensive “Non-Compete will be provided to the buyer on the seller’s behalf.

In essence, a strong, Utah embedded organization with incredible staff and impeccable Utah municipality & regulator relationships.

There are no “brokers” in this deal! Potential buyers will negotiate directly with the CEO/Founder of Dollar Loan Center via private communications established specifically for this opportunity!

Important Note: The trademark/brand “Dollar Loan Center” will NOT be included in this asset sale.

As my readers know, Utah is an extremely hospitable state for banking, lending, AFS products… Although it’s relatively easy to secure a Utah lending license, it’s virtually impossible to secure storefront locations due to a multitude of municipal moratoriums..

Frankly, I anticipate a bidding war for this package of nine turnkey locations! Why? As a result of a multitude of positive developments regarding the CFPB, President Trump’s administration and highly anticipated re-election, historically low unemployment rates, record earnings and transaction volume reported by the publicly traded lenders in our space, an unquenchable desire by consumers for immediate small-dollar CASH-in-HAND loans …I simply do not recall a higher sense of optimism present in our industry since “the good old days!”

Want to take a deep dive into this opportunity & learn more? Get a copy of Chuck’s CONFIDENTIAL 17 pages “Dollar Loan Center Utah Operation Overview” offering!

If you’re serious and want to learn more about this unique one-of-a-kind opportunity:

  1. Navigate to the bottom of THIS PAGE
  2. Click on the “Download PDF” arrow/button
  3. Print the “Confidentiality Agreement.”
  4. Sign pages 1,7 and 9 where indicated ________________Purchaser
  5. Scan/email to me at TrihouseConsulting@gmail.com  
  6. Include your Name, Your Company Name if applicable, your phone… in this email you send to me.
  7. Immediately after Chuck B. receives your signed copy, you will receive the CONFIDENTIAL 17 pages “Dollar Loan Center Utah Operation Overview” offering packet with financials and pricing in addition to Chuck’s personal cellphone number & email established specifically to discuss this opportunity directly with Chuck.

The story?

Dollar Loan Center OpportunityI had the pleasure of meeting my long-time friend and one of the most respected and legit installment lenders in the industry, Chuck Brennan of Dollar Loan Center, for lunch near our homes in Newport Beach this past Friday.

Chuck B. has been in the industry for over 20 years! He launched in Las Vegas, Nevada. His Team grew Dollar Loan Center to over 100 locations in 4 states (Nevada, Utah, California and South Dakota). After successfully exiting their operations in California and South Dakota, as of today, Chuck, Mary and Team Dollar are ready to put their Utah operation on the market. They were planning to announce this in just a few days; on August 1st to be exact.

HOWEVER, I asked Chuck if it would be ok to blast out this great opportunity to my exclusive list of CEO’s and Decision Makers like yourself!

This will be an amazing opportunity for any organization capable of taking advantage of the 15 years of blood and sweat Chuck, Mary and Team Dollar have invested in building this highly profitable and respected asset in Utah.

Again, access the “Confidentiality Agreement” PDF below. Sign pages 1, 7 and 9. Then email it to TrihouseConsulting@gmail.com include your Name, Phone Number, Company Name [if applicable]

Following Chuck’s receipt of the signed “Confidentiality Agreement,” you will immediately receive the CONFIDENTIAL 17 pages “Dollar Loan Center Utah Operation Overview” offering packet with financials and pricing.

NOTE: I am NOT a Broker in the middle of this opportunity! I’m simply helping a friend get out the word to you and do what I do best: be the conduit that enables my network to connect & prosper.

Peace, Jer [ANY issues? Call Jer at 702-2086736 or email.]
Dollar Loan Center Utah Confidentiality Agreement 1

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21
Jul

More Great News for Borrowers: 4th Circuit Finds Lenders Entitled to Tribal Sovereign Immunity

For those of us who champion the rights of consumers and borrowers to have the right to choose financial products that are best for meeting their personal money challenges, the Fourth Circuit of Appeals just came through for them!

Native American Indian Tribes, servicers and vendors are considered to be “arms of the tribe” when properly constructed collaborations are implemented and are entitled to sovereign immunity.

This is a huge win for consumers, lenders, vendors and payment processors!

Per the Press Release by Weider, Brodsky & Kidder PC:

A panel for the U.S. Court of Appeals for the Fourth Circuit recently found that two lending entities affiliated with the Lac Vieux Desert Band of the Lake Superior Chippewa Indians (the Tribe) are entitled to tribal sovereign immunity as “arms of the tribe”.  The panel then ordered the dismissal of an underlying putative class action brought by five Virginia residents who claimed the payday loans they obtained online from the tribe-affiliated lenders violated state usury laws.  The panel’s decision reverses that of the district court, which held that the affiliated lenders failed to sufficiently prove they were “arms of the tribe” and thus were subject to the court’s jurisdiction.

One of the lending entities, Big Picture, was formed by the Tribe in 2014 to consolidate the Tribe’s lending activities, and in 2015, the Tribe formed Ascension as a subsidiary to support its lending activities by providing marketing, technological, and vendor services.  The appellees, Virginia residents, initiated a class action in federal court in 2015 in which they alleged that the payday loans they received from Big Picture came with interest rates fifty times higher than the legal limit in Virginia.  The lending entities moved to dismiss the case for lack of subject matter jurisdiction on the basis of tribal sovereign immunity, but the district court denied their motion, asserting that the appellants’ claim of immunity was unsupported by the evidence they provided.

In reaching its conclusion, the district court applied an “arm-of-the-tribe” analysis, which is used to determine whether tribal immunity may apply when a tribe-created entity engages in commercial activity.  The “arm-of-the-tribe analysis” typically involves consideration of the following factors: “(1) the method of the entities’ creation; (2) their purpose; (3) their… [Read More Below…

4th Circuit Finds Lenders Entitled to Tribal Sovereign Immunity

Want to know more? Grab a copy of our “Bible” or schedule a conference call with our Founder: Jer Ayles

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11
Jul

Calif. Assembly Bill 539 Update-Consumer Access to Small-Dollar Short Term Loans at Risk!

By Jer AylesCall Your California Senator TODAY or Your Customers Will Never Forgive You!

Consumer financial choices UNDER FIRE in California!

My state of California is on the verge of destroying the rights of consumers across the ‘”Golden State” to have access to credit based on their own needs, wants, and desires for solving their financial challenges!

As usual, our elected congressional representatives and the lobbyists who support this California Assembly Bill 539 think they know what’s best for ALL of us.

Lower loan rates, fewer fees, same-day money delivered to your bank account/card, Fintech, competition… are ALL contributing to the well-being of California consumers ALREADY. Don’t allow these elected representatives to STIFLE the reinvigoration of the “business of lending money to the masses.”

Consumers, lenders, vendors, suppliers, property owners, your local barista… will suffer if we do not raise our hand, call our Senator and express our distaste for their latest assault on our financial freedom and our disgust with the influence lobbyists exert on OUR REPRESENTATIVES!

Contact | U.S. Senator Kamala Harris of California

Contact – United States Senator for California – Senator Dianne Feinstein

1-Assembly Bill 539 and the Future of Consumer Loans in California

 

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