Berjac of Portland

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Berjac of Portland



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About Berjac of Portland
Professional experience
Presentation: Berjac of Portland Berjac of Portland is an insurance premium financing business based in Eugene and Portland, Oregon. With a reputation for providing innovative financial solutions, Berjac has established itself as a trusted name in the industry. However, recent events have garnered attention and raised questions about the company. In February 2018, the founders of Berjac found themselves embroiled in a Ponzi scheme scandal. The scheme involved soliciting investments from unsuspecting individuals, leading to a federal prison sentence for the individuals involved. In addition to this, Berjac and its affiliated companies, such as The Loan Shoppe and Charles E Carver, have faced regulatory issues. The Department of Financial Institutions issued a cease and desist order against them, highlighting concerns regarding their securities practices. Berjac's troubles further escalated when Oregon securities regulators fined them a substantial amount of $900,000. This penalty came as their lender filed for bankruptcy, casting a shadow of uncertainty over their financial operations. The company also faced negative publicity when the National Grange voiced opposition to developers of a proposed casino near Portland, implicating Berjac in the controversy. In Clackamas County, Berjac's troubles continued as one of their employees, an assistant manager, was arrested in connection with identity theft. The incident brought forth additional scrutiny and raised concerns about the company's internal controls. Despite these challenges, Berjac of Portland remains committed to addressing and rectifying the issues at hand. They understand the importance of regaining the trust of their clients and the public, and are actively working towards rebuilding their reputation. It is vital to note that while these recent events have cast a shadow over the company, they do not define the entirety of Berjac of Portland's operations. The company has a track record of providing insurance premium financing options and has helped numerous individuals and businesses navigate their financial needs successfully. Berjac is dedicated to learning from their past mistakes and implementing comprehensive measures to ensure the integrity of their business practices moving forward. They understand the responsibility they have toward their clients, employees, and the community, and are committed to upholding the highest standards of professionalism and ethics. In conclusion, the road ahead may be challenging for Berjac of Portland, but their commitment to change, transparency, and accountability serves as a testament to their determination in overcoming the obstacles they face. As they navigate through this difficult period, their core mission remains intact - to provide reliable insurance premium financing solutions and regain the trust of their clients.

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Location

Carver, Clackamas (97015)

Important to know

  • Weekdays  00:00 - 00:00
  • Sat  00:00 - 00:00
  • Sun  00:00 - 00:00
Business hours
Weekdays  00:00 - 00:00
Sat  00:00 - 00:00
Sun  00:00 - 00:00
  • English
SpeaksEnglish
Business hours
  • Weekdays  00:00 - 00:00
  • Sat  00:00 - 00:00
  • Sun  00:00 - 00:00
Business hours
Weekdays  00:00 - 00:00
Sat  00:00 - 00:00
Sun  00:00 - 00:00
Speaks
  • English
SpeaksEnglish


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