John Yantiss
New York, NY (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Johnmari, Inc.
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Startup
Location:
New York
Industry:
Finance
Year Founded:
2011
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
"C" Corporation
Description:
Johnmari is in the business of acquiring charged off credit card loans and having that debt collected by professionals.
Johnmari is a new start-up company. The principal, John Spencer Yantiss, has identified a unique opportunity to capitalize on an avalanche of charged off credit card loans coming out of the major banks over the next three to five years. The existing debt buying industry is not big enough to accommodate this expected volume nor can the existing industry expand rapidly enough to accommodate the volume; thereby offering an exceptional opportunity to capitalize on this excess supply over industry capacity.