California Takes Tech Firm Away from Florida

tech firm

A technology company in Florida called Flippbox has returned to Sacramento, California to its main headquarters. The company’s main service is mail management and cloud syncing. Since 2012, the company has made its mark in the Bay Area of California. However, after its focus on Florida to reap the lower business taxes and to partake in the robust economy claim by Governor Rick Scott, the company made the uncertain move. Soon the founders and CEO of Flippbox realized that California was a more profitable place to conduct business as evident in their bottom line. There was too much needed to get their operations off the ground in the state of Florida. It became an uphill battle for the company. Why?

No Duplication

It was very hard for the company to duplicate the level of talent and competence enjoyed at the headquarters in California. The lifestyle and infrastructure was considerably different in Florida as well. The company found out too soon that Florida was unable to offer sufficient light rail. Florida has gone to lengths in the past and now to recruit companies from California. However, California seems to be a better state to succeed in business; at least at a faster rate.

More Profitability

California has been acknowledged as the leader in profitability and innovative advancement. This is an essential consideration for all technology companies to note. California now has more than fifty Fortune 500 companies headquartered in the state; in comparison to Florida, which has only fifteen. When you do the comparison, California has taken first place in the profitability category.

California Pride

California is the state that boasts stock return of 134 percent while Florida only boasts 82 percent. In addition, California offers the most inventive market globally, being responsible for a total of forty percent of the innovative performance in the U.S. economy. The state also has almost ten times the backing in new patents compared to Florida. California is said to provide authentic opportunities for businesses to succeed without the gimmicks. And for that reason, many businesses are moving back to California from other states.

Incomparable Locale

Sacramento, California provides incomparable environment, in addition to a fundamental base to operate with stable economic climate in business and a high quality of life. Over time, businesses enjoy considerable savings when making the transition from another state to California. The move back to California also adds to the value as a shareholder over the long term.

Welcome Back

Flippbox will enjoy all these benefits in the long run. At the new location in Midtown area of Sacramento, Flippbox will be central to the hub of recruitment, acquiring the best and brightest talent from various higher education institutions and bringing them into in the industry. Many in the educational community welcome the return of Flippbox. With its presence, Flippbox will open doors of opportunities for those looking for work in the technology arena. Yes, many technology students are waiting to be a part of this company’s advancement. Florida, indeed, will suffer the loss as California welcomes it.

Title Loan Direct Announces Partnership with Gold Acceptance

loans

Gold Acceptance, a popular car title loan provider that specializes in lending to borrowers with subprime credit scores has announced a recent partnership with Title Loan Direct. Through the new partnership, Title Loan Direct will be expanding their services to a greater range of borrowers and offer more loans through their California-based headquarters.

 

Gold Acceptance/Title Loan Direct Partnership Means More Loans for California Residents

 

“Being able to provide more title loans to our customers helps our company grow,” said Title Loan Direct’s president, Michael Wilson.  “Our partnership with Gold Acceptance is a big move as we continue to add loan services to our company roster.”

 

By supplying more borrowers throughout California with loans, Title Loan Direct’s partnership with Gold Acceptance will help to spread awareness about how car title loans work in California, and the financial advantages they have to offer their borrowers.

 

The Two Rising-Star Companies Offer Alternative Loan Resources for Sub-Prime Credit Borrowers

 

Given the high number of different loan options for borrowers in California, the partnership between Title Loan Direct and Gold Acceptance is a significant step forward for title loans and subprime credit loans in the state of California. Their increased availability to borrowers with poor credit or little to no financial history has boosted their popularity as a loan choice for many California residents.

 

“The most important aspect when choosing a loan servicer is to determine how responsive they are to client needs,” says Michael.  “Our company offers same-day funding and no pre-pay penalties, all of which makes the process as smooth and hassle-free as possible.”

 

The speed of available funds is one of the biggest draws for many California borrowers who are interested in car title loans. It allows borrowers who wouldn’t ordinarily qualify for some types of loans to have access to a faster cash resource.

 

Younger Title Loan Direct Makes Valuable Connection with More Established Gold Acceptance

 

Title Loan Direct has only been operating since 2015, but they’ve quickly expanded to feature several successful locations in the state of California. Gold Acceptance took notice of the young company’s success, and saw a valuable business opportunity to partner with them and serve a greater scale of clientele in Southern California, and potentially expand.

 

California car title loans work as a collateral-based loan, so borrowers’ financial history is less critical to the lending process. Auto owners who own a vehicle free of any liens can lend out the title of their car using the equity value in exchange for a faster source of funds than with a traditional loan. Many borrowers have found this and similarly-structured loans to be an easier way to secure a loan, especially when poor credit has been a disqualifying factor for them in the past when it comes to loans.

 

With the expanding partnership between Gold Acceptance and Title Loan Direct, more California borrowers can expect to be approved for car title loans. The selection of title loan services and products will likely expand, as well.