When a litany of loan and management problems led to the demise of Telesis Community Credit Union earlier this year, the business lending CUSO it founded 17 years ago likely knew it would inherit a perception problem within the industry.
This preview from next week's print edition focuses on the challenge faced by Business Partners LLC following the Telesis collapse.
The new interim president of Business Partners LLC said the business lending CUSO is on track to continue growing this year.
Profitable for eighth consecutive year, with new interim president in place.
A year after Telesis Community Credit Union filed a breach of contract claim against an Orlando shopping center, the owners of the property have filed a Chapter 11 bankruptcy petition.