The new interim president of Business Partners LLC said the business lending CUSO is on track to continue growing this year.
The Chatsworth, Calif.-based CUSO, founded by the conserved Telesis Community Credit Union, recently provided its audited financial results for 2011.
Business Partners said it had equity at $7.7 million, which equaled 28.1% of its assets. Cash and certificates of deposit investment liquidity totaled $6.8 million or 24.8% on total assets of $27.5 million.
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