The latest Florida Office from Economic Controls manages all-licensed payday loans business on state

The latest Florida Office from Economic Controls manages all-licensed payday loans business on state

It absolutely was in 1988. Fresh out of promoting a chain off coffee-and bakery shop he built inside the local Scotland to possess $18 million, MacKechnie had gone to live in Tampa to possess an alternate life difficulty. In addition to the climate, he find the region once the he had merely finished discovering John Naisbitt’s bestselling book “Megatrends,” which entitled Tampa the fastest-broadening city eastern of the Mississippi.

MacKechnie ordered payday loans south carolina Lincoln Baking Co., and that delivered fresh baked items to help you eight-Eleven and you may Circle K convenience areas. However, the guy battled to locate adequate volume. Instead of invest additional money involved, he ended up selling the firm, from the good $one million losings. (suite…)

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