Robert Candelaria
Long Beach, CA (USA)
Role(s):
Founder/Owner/Principal
Candelaria Moreno Investments, Inc.
Find More Startups
Startup
Location:
Long Beach
Industry:
Finance
Year Founded:
2010
Number Employees:
1-10 people
Description:
We intend to purchase non-performing loans (initially fresh charge off credit cards) and place them with vetted third party collection agencies (those using the applied psychology method) to collect. We will purchase only portfolios where we can expect a 3:1 return on purchase price giving us a wide margin for quick payback of a loan.