Acquisitions of Short-Term Loan Portfolios

by The CAB Man Texas on November 10, 2011

Since July of this year C.A.B. Consulting and Brokerage has been working hard to learn the new laws in Texas, understand the rule making process, tell the story to stakeholders in the industry, and grow relationships.  Things have gone very well so far, and I have observed how the role of a consultant evolves from simply sharing information, into that of a co-worker, a trusted resource, and a connector of parties looking to meet a need.   C.A.B. Consulting and Brokerage’s goals are centered on exactly that, helping clients meet different needs.

Over the last 3 months my focus has been and continues to be on Credit Access Business licensing, notices, and disclosures.  I have been working with our clients and assisting them while on their path towards January 1st in many ways.

Until now I have not done any acquisitions, but earlier this week I was contacted by a gentleman in Laredo who has several businesses, one of which is a retail short-term loan operation.   He has made the decision to sell his loan portfolio and has requested my assistance.    I have preliminary information on the sale opportunity and have begun contacting local businesses in Laredo about it.  Also, via this blog and other channels I am reaching out to my contacts to gauge interest.  If an acquisition of his portfolio is something you would like to explore, please contact me with questions!

C.A.B. Consulting and Brokerage

Michael Brown

Tel: 214-293-8676

Email: cabconbrokerage@gmail.com

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