ASIC have flagged that they intend to increase surveillance of the micro lending industry and will be targeting unregulated and unlicensed operators. This should be the warning for businesses which continue to operate outside of the Regulatory regime, the consequences of operating without a licence are not just civil penalties but also criminal.
Getting your licence through Comfort Eagle Enterprises is easier than most businesses expect, we offer a turnkey solution for your compliance obligations, not only assisting in the licence application, but also preparing the necessary compliance systems and monitoring your ongoing compliance obligations.
With our parent legal firm we can also prepare your credit contracts and offer a comprehensive debt collection system, protecting you and ensuring that your assets are recoverable in the most efficient manner.
If you are offering credit without a licence you need to act now! Contact Chantal at Comfort Eagle today.
