Michael Bernstein, Founder MEB Finance Interviewed on Capital Club Radio
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Michael Bernstein, Founder MEB Finance Interviewed on Capital Club Radio Michael Bernstein, Chief Executive Officer MEB Finance Solutions LLC Michael E. Bernstein Mr. Bernstein founded CreditMax, LLC in 2001 and built it into one of the 25 largest debt buyers in the ARM industry by 2005 when the company generated over $60mm in revenue. In 2009, during the height of the macro-economic crisis, Mr. Bernstein made a strategic decision to exit the debt purchasing business and initiate a finance subsidiary, CMAX Finance, LLC to provide capital to underbanked, small to medium sized, debt buyers. In 2010, as part of his growth initiative for the finance business, Mr. Bernstein sold part of CreditMax to outside investors to provide additional capital for infrastructure build-out and to support a larger credit facility. Between 2009 and 2016, Mr. Bernstein originated over $350mm of loans and had his highest production year in 2016, originating over $100mm in loan volume. Mr. Bernstein sold his remaining interest in…