Executive Loan Center - Short term private lender. Specializing in near and subprime California loans. www.ExecutiveLoanCenter.com. Peer 2 Peer investment platform offering fixed, stable returns backed by a wide spectrum of small consumer and business loans.
Modern Asset Management, Accounts Receivable Expert Consulting 2006 - present
Owner California Service Bureau 1989 - 2005
Specialties: Accounts Receivable Management
Turn around expert for collection agencies
Compliance program creation and execution for Payday Lenders
Buyer/Seller/Broker of distressed debt portfolios
Founder @ Launched Peer2Peer small dollar subprime lending platform. Providing financial services products to consumers and businesses unable to qualify for traditional bank loans. Credit education offered to consumers to earn lower interest rates. Investors benefit from stable fixed income returns backed by a broad pool of near and subprime loans. From March 2014 to Present (1 year 10 months) A/R Consultant, Judgment Buyer, Collection Compliance Expert @ Look for my new e-book "The Modern Collection Call" on my website - www.modernassetmanagement.com . Get some new ideas! A special section on "Collecting from Millenials" is there for free.
33 years in Accounts Receivable! Wow, how your life flies by!
Revenue problems? I can fix them. Plain and simple. If you're a debt collector, once you pick up the phone you're at risk for lawsuits and regulators fining you. It's just not necessary. You can run a collection agency profitably and not break the rules. I did it for 20 years. See my website for ideas.
Account flow improvements, debt purchasing, agency selection and management, training. CFPB compliance management and systems implementation. Want to build automated processes, dialer, text, email, that ROCKS?
Judgments purchased or managed. From August 2007 to Present (8 years 5 months) Owner @ Independence Square is a 45,000 SF community retail center in the West Denver suburb of Wheat Ridge. Professionally managed. Independence is situated 1/4 mile for I-70 in a busy commute corridor. From 2006 to Present (9 years) Consultant @ Organized, hired, trained collection support staff. Reviewed, hired, monitored collection agency partners. Established financial goals and exceeded same. Helped establish client as a significant force in the debt buying space. From November 2010 to May 2013 (2 years 7 months) President @ Vacation rental management in the Greater Palm Springs area. From 2008 to 2010 (2 years) President @ Grow business from $500,000 annual revenue to $5,400,000 gross income.
Acquire 5 collection agencies and improve performance using economies of scale and systematizing functions.
Sell company to venture capital firm for 4.5x EBITDA From August 1989 to June 2006 (16 years 11 months) Vice President @ Manage credit and collection departments up to staff of 200
Exceed company collection goals and build team based environment
Implement new technologies such as predictive dialers and credit scoring. From February 1985 to August 1989 (4 years 7 months)
Computer Systems and Analysis @ UC Berkeley Extension From 1984 to 1985 Middlesex County College From 1975 to 1976 Steve Hodgdon is skilled in: Coaching, Compliance, Sales Management, Operations Management, Brokerage, Training & Development, Business Management, New Business Development, Public Speaking, Change Management, Accounts Receivable, Collections, Debt Collection, Distressed Debt, Debt Recovery
Websites:
http://www.modernassetmanagement.com