We’re excited to introduce you to the always interesting and insightful Jimmy Rios. We hope you’ll enjoy our conversation with Jimmy below.

Jimmy , thanks for joining us, excited to have you contributing your stories and insights. undefined

The biggest disruptor and innovative advance that we’ve made is in developing our Eye Level To High Level Program to take the traditional model of borrowing for working capital with the advantages of getting non-recourse funding to payoff the debt and stabilize business operations for growth in a span of an average of 4.5 months.

As always, we appreciate you sharing your insights and we’ve got a few more questions for you, but before we get to all of that can you take a minute to introduce yourself and give our readers some of your back background and context?

I started my career in the late 1990’s when borrowing in the traditional model was still very archaic and relied on outdated models of risk management to lend. Which led to many companies going into predatory lending territories and eventually led to the destruction of the lending model in the debacle of the mortgage crisis of 2008. Having been an active participant both on the consumer and professional level in this process I learned a ton of things that I didn’t want to see happen again. Ultimately it led to my business morphing and taking on other financial services roles where we were able to build a financial services eco-system or universe to address a lot of the problems
that the traditional norms had instilled. From these experiences my company Rios Financial Group LLC developed its Credit Enrichment model of Next Level Credit, formed an advisory firm in Rios Business Advisors and developed an Ai based model of lending and debt elimination with Riosbusinessfunding.com. These advances and different way of thinking have led the company to unparalleled growth but more importantly has led to many companies reaping the benefits of better debt structurization and elimination of debt for quicker returns and longer and bigger returns on investment.

Can you talk to us about how your side-hustle turned into something more.

Speaking of the downturn of 2008- It’s claws hit me hard and I was laid off in my underwriting job that I was making extremely good money while my mortgage loan business was hitting its stride- all of a sudden I lost both sides and my deck of cards came crashing down fast. In a short span of 9 months I had lost everything including 2 houses, 3 cars and all my personal and business credit. Faced with over 36 collections, judgements and repossessions and 2 foreclosures – I had to hustle to figure out my next move. I started having to work as a car salesman to make ends meet and from seeing the exorbitant interest rates that I was having to give my clients because of their bad credit, sought the advice of attorney friends that knew the business and laws of consumer credit, fair debt and collection practices, different reporting acts and laws that would favor the consumer. I sought to change the credit repair industry in how it was set up and focused on getting a faster impact on the results to help my clients rapidly get into better loans and educate my clients in how to not fall into this trap again. I wrote the book on Amazon called “Decoding The Mystery Of Business Credit” and Obviously I had to put on the mask on first before I could help anyone else and had to fix my own credit and then my wife’s and then my friends- but from those efforts my credit enrichment company was born and this was the beginning of Nextlevelcredit.net and the catalyst for the program I run now.

Let’s talk about resilience next – do you have a story you can share with us?

There’s no better way to describe loss and resilience then seeing my life in the years following 2008. From facing bankruptcy to homelessness and losing everything that you thought you owned to humbly getting a dose of reality and having to eat humble pie to not give up because you have twin boys that were just born in 2008 and you have a 2 year old daughter who is expecting the world from her father. It forced me to learn to adapt quickly and ferociously to battle the crazy winds of change that were happening in the country and be resilient in the fight for betterment always thinking that eventually I would see the light from that darkness and that I would succeed at some point. But in the midst of the turmoil – you don’t see that light and battling my mind and thoughts was by far the hardest challenge- which no doubt wouldn’t of even been possible if I had lost faith in my lord and savior Jesus Christ but also if I didn’t seek help from others to get through this storm.

Contact Info:

• Website: https://www.riosbusinessadvisors.com
• Instagram: @riosbusinessadvisors
• Facebook: https://Facebook.com/riosbusinessadvisors
• Linkedin: https://LinkedIn.com/in/riosbusinessadvisors
• Twitter: @riosfinancial
• Youtube: @riosbusinessfunding