Developer docs
API playgroundTry for free, no card

Search company profiles

Benworth Capital

Full company profile

uuid000a6xe

Namestring
Benworth Capital
Legal namestring
Benworth Capital Partners LLC
Company typeenum
Private
Founded yearint
2008
Descriptiontext

Benworth Capital is a privately held, family-operated hard money lender headquartered in Coral Gables, Florida, founded in 2008 during the global financial crisis to serve borrowers unable to access traditional bank financing. Operating exclusively in Florida real estate (with a Puerto Rico office opened in 2021), the company originates short-term, asset-based loans under multi-entity licensing including Benworth Capital Partners, LLC (NMLS #374363), Benworth Capital Partners PR LLC (NMLS #2234263), and Benworth Financial, LLC (Consumer Finance Company #CF9901387). The product portfolio spans Residential Mortgage, Commercial Mortgage, Property Refinance, Second Mortgage, Construction Loans, and Fix-and-Flip Loans, with loan amounts ranging from $1,000 to $25 million, terms of up to 2 years (purchase/refinance) or up to 5 years (second mortgage/cash-out refinance), interest rates starting at 11% APR, origination fees as low as 2.5%, and LTV caps of 65%.

The underwriting platform is asset-based, relying on property value and borrower ability-to-repay rather than credit scores or extensive documentation, enabling a 60-minute inquiry decision (between 9 a.m. and 7 p.m. EST), 24-hour approval, and rapid closings with no prepayment penalties. Benworth distributes through direct-to-consumer origination (website, phone, in-person), a Florida broker referral network with dedicated referral portal and SLA, and community partnerships including the Latin Builders Association. Loans are funded by private investors, and the company earned industry recognition as the LBA Lender of the Year in 2024 and was the fourth largest SBA PPP lender by volume in 2020 (deploying $4.5 billion to over 311,000 small businesses). An adjacent operating subsidiary, Benworth Family Office, extends the brand into family office services for high-net-worth clients.

Revenue is generated primarily through interest income on originated loans and origination fees, with a headcount of 11–50 employees supporting a long-tail customer base of real estate investors, fix-and-flip borrowers, credit-challenged applicants, foreign nationals, and developers. The leadership team is anchored by Founder Bernie Navarro (former mortgage company founder sold to the largest U.S. home lender at the time, University of Miami and Harvard alumnus, Past-President of the Latin Builders Association) and President Henry Jimenez (25+ years in real estate finance, founding partner). The company is certified as a Hispanic minority lender and holds no disclosed institutional equity or venture capital, remaining family-funded and privately held.

Short descriptiontext

Benworth Capital is a privately held, family-operated hard money lender in Coral Gables, Florida, originating short-term asset-based real estate loans (purchase, refinance, construction, second mortgage) of $1,000 to $25 million to Florida real estate investors, fix-and-flip borrowers, and credit-challenged applicants, funded by private investors and operating under Florida and Puerto Rico lending licenses.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersCoral Gables, United States
HQ citystring
Coral Gables
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
hard money lending, private real estate loans, fix-and-flip financing, commercial mortgage lending, construction loan financing
Industry3 codes
1Private Banking Lending (Securities-Backed, Real Estate, Structured Credit)
CodeFSABADAEPrimaryYes
2Construction & Development (C&D) Lending — Commercial/Multifamily
CodeFSALADAHPrimaryNo
3Private Credit / Direct Lending
CodeFSAAAHAGPrimaryNo
NAICS code1 code
  • Credit Intermediation and Related Activities522
SIC code1 code
  • Mortgage Bankers & Loan Correspondents6162
Product category
Hard Money / Private Real Estate Lending
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Interest Income on Loans
TypeTransaction Fee
Description

Benworth Capital generates revenue primarily through interest charged on hard money loans. Loans are short-term (typically 2 years for purchase/refinance, up to 5 years for second mortgages), with rates starting at 11% APR.

benworthcapital.com
2Origination Fees
TypeTransaction Fee
Description

The company charges origination fees on loans, with rates as low as 2.5% of the loan amount.

benworthcapital.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Operations, Personnel, Marketing or Sales, Technology or R&D
Pricing details6 tiers
1Residential Mortgage
ModelTransaction based/ take rateBilling cadenceMulti-year contract
Notes

$50,000 to $25 million loan amounts. Repay in 2 years. Interest-only payments. Rates vary by deal.

benworthcapital.com
2Commercial Mortgage
ModelTransaction based/ take rateBilling cadenceMulti-year contract
Notes

$50,000 to $25 million loan amounts. Repay in 2 years. For purchase of land, office space, commercial property.

benworthcapital.com
3Property Refinance / Cash-Out
ModelTransaction based/ take rateBilling cadenceMulti-year contract
Notes

Loan amounts up to $10 million. Take up to 5 years to repay. For cash-out refinancing purposes.

benworthcapital.com
4Second Mortgage
ModelTransaction based/ take rateBilling cadenceMulti-year contract
Notes

$1,000 to $25,000. Repay in up to 5 years.

benworthcapital.com
5Construction Loans
ModelTransaction based/ take rateBilling cadenceMulti-year contract
Notes

$100,000 to $10 million. Up to 2 years repayment. Interest-only during construction. Foreign national financing available.

benworthcapital.com
6Broker Referral Program Terms
ModelTransaction based/ take rateBilling cadenceMulti-year contract
Notes

Purchase and refinance terms: $40,000 - $10 million, 2 year repayment, interest only payments, rates as low as 11%, origination fee as low as 2.5%. 65% LTV on refinance and purchase.

benworthcapital.com
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 record
1Benworth Family Office
Description

Family office services operated as a separate entity with its own website (Benworthfamily.com).

benworthcapital.com
Core offering1 text field

Benworth Capital is a licensed hard money lender providing short-term, asset-based private loans on Florida real estate as an alternative to traditional bank financing. The company offers residential mortgages, commercial mortgages, cash-out refinancing, second mortgages, construction loans, and fix-and-flip financing ranging from $1,000 to $25 million, with approvals based on property value and borrower cash flow rather than credit scores.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Decision in 60 minutes for loan inquiries received between 9am and 7pm EST
+3 more records
Product overview1 text field

Benworth Capital is a hard money lender offering private loans as an alternative to traditional bank financing. The product portfolio consists of six core loan products: Residential Mortgage ($50K-$25M, 2-year term), Commercial Mortgage (for land/office/commercial property), Property Refinance (cash-out, up to $10M, 5-year term), Second Mortgage (up to $25K, 5-year term), Construction Loans ($100K-$10M, 2-year term with interest-only payments), and Fix-and-Flip Loans for investment property renovation. All loans are short-term, asset-based products focused on Florida real estate, with approval based on property value and borrower cash flow rather than credit scores. The company serves residential and commercial borrowers, real estate investors, and brokers seeking fast funding with minimal documentation requirements.

Product and service1 record
1Residential Mortgage
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierStrategicTypeStrategic or Co-development PartnerAnnounced on2024-09-27
Description

Benworth Capital has a strategic partnership with the Latin Builders Association, a 50+ year old organization driving economic growth in Florida. The partnership includes recognition as Lender of the Year and collaborative efforts to support small business communities.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Benworth Capital has established a referral partnership network with real estate brokers and agents across Florida. Brokers refer clients who need hard money loans and receive access to Benworth's fast 60-minute decision process and flexible loan products tailored to their clients' needs.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Kiavi is a tech-enabled hard money lender offering fix-and-flip and new construction loans to real estate investors, competing head-on with Benworth's core investor lending products.

TypeDirect peer
Description

Patch of Land is a real estate crowdfunding marketplace that funds fix-and-flip and new construction loans, serving the same real estate investor segment as Benworth through alternative capital sourcing.

TypeDirect peer
Description

CoreVest is a private lender to residential real estate investors, offering fix-and-flip and rental portfolio loans — overlapping with Benworth's fix-and-flip and commercial mortgage products.

TypeEmerging player
Description

Groundfloor is a real estate crowdfunding platform funding fix-and-flip and new construction loans, addressing the same investor segment as Benworth through a retail-investor-funded capital model rather than private HNW capital.

TypeEmerging player
Description

Do Hard Money is an online private lending platform offering short-term real estate loans directly to investors, leveraging digital origination channels as an emerging alternative to traditional hard money shops like Benworth.

TypeDirect peer
Description

LendingOne is a direct private mortgage lender offering bridge, fix-and-flip, and rental portfolio loans — directly comparable to Benworth's loan products and target borrower (real estate investors).

TypeDirect peer
Description

Visio Financial is a private/hard money lender providing bridge and fix-and-flip financing to real estate investors, with comparable loan size, term, and asset-based underwriting criteria.

TypeDirect peer
Description

RCN Capital is a private/hard money lender providing fix-and-flip, new construction, and rental loans to real estate investors, with a comparable broker referral distribution model.

TypeRegional player
Description

EquityMax is a Florida-based hard money lender focused on residential and commercial real estate in the Southeast, with a regional positioning nearly identical to Benworth's Florida/Puerto Rico footprint.

TypeDirect peer
Description

Lima One Capital is a direct hard money / private lender focused on fix-and-flip and rental property loans nationwide, with similar asset-based underwriting and broker referral channels as Benworth Capital.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Benworth Capital

Hard Money / Private Real Estate Lendingbenworthcapital.com

Benworth Capital is a privately held, family-operated hard money lender in Coral Gables, Florida, originating short-term asset-based real estate loans (purchase, refinance, construction, second mortgage) of $1,000 to $25 million to Florida real estate investors, fix-and-flip borrowers, and credit-challenged applicants, funded by private investors and operating under Florida and Puerto Rico lending licenses.

What Benworth Capital does

Benworth Capital is a privately held, family-operated hard money lender headquartered in Coral Gables, Florida, founded in 2008 during the global financial crisis to serve borrowers unable to access traditional bank financing. Operating exclusively in Florida real estate (with a Puerto Rico office opened in 2021), the company originates short-term, asset-based loans under multi-entity licensing including Benworth Capital Partners, LLC (NMLS #374363), Benworth Capital Partners PR LLC (NMLS #2234263), and Benworth Financial, LLC (Consumer Finance Company #CF9901387). The product portfolio spans Residential Mortgage, Commercial Mortgage, Property Refinance, Second Mortgage, Construction Loans, and Fix-and-Flip Loans, with loan amounts ranging from $1,000 to $25 million, terms of up to 2 years (purchase/refinance) or up to 5 years (second mortgage/cash-out refinance), interest rates starting at 11% APR, origination fees as low as 2.5%, and LTV caps of 65%.

The underwriting platform is asset-based, relying on property value and borrower ability-to-repay rather than credit scores or extensive documentation, enabling a 60-minute inquiry decision (between 9 a.m. and 7 p.m. EST), 24-hour approval, and rapid closings with no prepayment penalties. Benworth distributes through direct-to-consumer origination (website, phone, in-person), a Florida broker referral network with dedicated referral portal and SLA, and community partnerships including the Latin Builders Association. Loans are funded by private investors, and the company earned industry recognition as the LBA Lender of the Year in 2024 and was the fourth largest SBA PPP lender by volume in 2020 (deploying $4.5 billion to over 311,000 small businesses). An adjacent operating subsidiary, Benworth Family Office, extends the brand into family office services for high-net-worth clients.

Revenue is generated primarily through interest income on originated loans and origination fees, with a headcount of 11–50 employees supporting a long-tail customer base of real estate investors, fix-and-flip borrowers, credit-challenged applicants, foreign nationals, and developers. The leadership team is anchored by Founder Bernie Navarro (former mortgage company founder sold to the largest U.S. home lender at the time, University of Miami and Harvard alumnus, Past-President of the Latin Builders Association) and President Henry Jimenez (25+ years in real estate finance, founding partner). The company is certified as a Hispanic minority lender and holds no disclosed institutional equity or venture capital, remaining family-funded and privately held.

Benworth Capital firmographics

Firmographics
Name
Benworth Capital
Legal name
Benworth Capital Partners LLC
Website
https://benworthcapital.com
Company type
Private
Founded year
2008
Operating status
Operating
Headcount range
11–50 employees
Short description
Benworth Capital is a privately held, family-operated hard money lender in Coral Gables, Florida, originating short-term asset-based real estate loans (purchase, refinance, construction, second mortgage) of $1,000 to $25 million to Florida real estate investors, fix-and-flip borrowers, and credit-challenged applicants, funded by private investors and operating under Florida and Puerto Rico lending licenses.
Ownership category
akta.pro rank

Benworth Capital industry classification

Industry
Product category
Hard Money / Private Real Estate Lending
NAICS
Credit Intermediation and Related Activities (522)
SIC
Mortgage Bankers & Loan Correspondents (6162)
akta.pro primary industry
Private Banking Lending (Securities-Backed, Real Estate, Structured Credit) (FSABADAE)
akta.pro secondary industries
Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH), Private Credit / Direct Lending (FSAAAHAG)

Keywords

  • Hard money lending
  • Private real estate loans
  • Fix-and-flip financing
  • Commercial mortgage lending
  • Construction loan financing

Where Benworth Capital is headquartered

Location

Headquarters

HQ city
Coral Gables
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Benworth Capital business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

  1. Interest Income on Loans: Benworth Capital generates revenue primarily through interest charged on hard money loans. Loans are short-term (typically 2 years for purchase/refinance, up to 5 years for second mortgages), with rates starting at 11% APR.
  2. Origination Fees: The company charges origination fees on loans, with rates as low as 2.5% of the loan amount.

Pricing tiers

ModelBillingPrice
Transaction based/ take rateMulti-year contractResidential Mortgage
Transaction based/ take rateMulti-year contractCommercial Mortgage
Transaction based/ take rateMulti-year contractProperty Refinance / Cash-Out
Transaction based/ take rateMulti-year contractSecond Mortgage
Transaction based/ take rateMulti-year contractConstruction Loans
Transaction based/ take rateMulti-year contractBroker Referral Program Terms

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Benworth Capital product offering

Product offering

Core offering

Benworth Capital is a licensed hard money lender providing short-term, asset-based private loans on Florida real estate as an alternative to traditional bank financing. The company offers residential mortgages, commercial mortgages, cash-out refinancing, second mortgages, construction loans, and fix-and-flip financing ranging from $1,000 to $25 million, with approvals based on property value and borrower cash flow rather than credit scores.

Product overview

Benworth Capital is a hard money lender offering private loans as an alternative to traditional bank financing. The product portfolio consists of six core loan products: Residential Mortgage ($50K-$25M, 2-year term), Commercial Mortgage (for land/office/commercial property), Property Refinance (cash-out, up to $10M, 5-year term), Second Mortgage (up to $25K, 5-year term), Construction Loans ($100K-$10M, 2-year term with interest-only payments), and Fix-and-Flip Loans for investment property renovation. All loans are short-term, asset-based products focused on Florida real estate, with approval based on property value and borrower cash flow rather than credit scores. The company serves residential and commercial borrowers, real estate investors, and brokers seeking fast funding with minimal documentation requirements.

Differentiator

Problem solved

Functional benefit

Brands

  • Benworth Family Office: Family office services operated as a separate entity with its own website (Benworthfamily.com).

Products and services

  • Residential Mortgage

Quantifiable outcome

  • Decision in 60 minutes for loan inquiries received between 9am and 7pm EST
  • +3 more outcomes

Companies that use Benworth Capital

Customer profile

Named customers3 records

Segments5 records

Ideal customer profiles2 records

Benworth Capital technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Benworth Capital partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered strategic and core.

  • Latin Builders Association (LBA)strategicStrategic or Co-development Partner · 27 September 2024Benworth Capital has a strategic partnership with the Latin Builders Association, a 50+ year old organization driving economic growth in Florida. The partnership includes recognition as Lender of the Year and collaborative efforts to support small business communities.
  • Real Estate Brokers (Referral Partner Network)coreChannel Partner/ Reseller/ DistributorBenworth Capital has established a referral partnership network with real estate brokers and agents across Florida. Brokers refer clients who need hard money loans and receive access to Benworth's fast 60-minute decision process and flexible loan products tailored to their clients' needs.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Benworth Capital competitors and assessment

Company assessment

Direct peers

  • Kiavi (formerly LendingHome): Kiavi is a tech-enabled hard money lender offering fix-and-flip and new construction loans to real estate investors, competing head-on with Benworth's core investor lending products.
  • Patch of Land: Patch of Land is a real estate crowdfunding marketplace that funds fix-and-flip and new construction loans, serving the same real estate investor segment as Benworth through alternative capital sourcing.
  • CoreVest Finance: CoreVest is a private lender to residential real estate investors, offering fix-and-flip and rental portfolio loans — overlapping with Benworth's fix-and-flip and commercial mortgage products.
  • LendingOne: LendingOne is a direct private mortgage lender offering bridge, fix-and-flip, and rental portfolio loans — directly comparable to Benworth's loan products and target borrower (real estate investors).
  • Visio Financial Services: Visio Financial is a private/hard money lender providing bridge and fix-and-flip financing to real estate investors, with comparable loan size, term, and asset-based underwriting criteria.
  • RCN Capital: RCN Capital is a private/hard money lender providing fix-and-flip, new construction, and rental loans to real estate investors, with a comparable broker referral distribution model.
  • Lima One Capital: Lima One Capital is a direct hard money / private lender focused on fix-and-flip and rental property loans nationwide, with similar asset-based underwriting and broker referral channels as Benworth Capital.

Emerging players

  • Groundfloor Finance: Groundfloor is a real estate crowdfunding platform funding fix-and-flip and new construction loans, addressing the same investor segment as Benworth through a retail-investor-funded capital model rather than private HNW capital.
  • Do Hard Money: Do Hard Money is an online private lending platform offering short-term real estate loans directly to investors, leveraging digital origination channels as an emerging alternative to traditional hard money shops like Benworth.

Regional players

  • EquityMax: EquityMax is a Florida-based hard money lender focused on residential and commercial real estate in the Southeast, with a regional positioning nearly identical to Benworth's Florida/Puerto Rico footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Benworth Capital social profiles

Digital presence

Benworth Capital compliance and trust

Trust signal

Compliance3 records

Benworth Capital financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Benworth Capital leadership team

Management profile

Number of profiles

Profiles2 records

Benworth Capital subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Benworth Capital funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Benworth Capital M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Benworth Capital

What does Benworth Capital do?

Benworth Capital is a licensed hard money lender providing short-term, asset-based private loans on Florida real estate as an alternative to traditional bank financing. The company offers residential mortgages, commercial mortgages, cash-out refinancing, second mortgages, construction loans, and fix-and-flip financing ranging from $1,000 to $25 million, with approvals based on property value and borrower cash flow rather than credit scores.

Is Benworth Capital a public or private company?

Benworth Capital is a private company. It is classified as family owned and is currently operating.

When was Benworth Capital founded?

Benworth Capital was founded in 2008. It employs 11 to 50 people.

Where is Benworth Capital based?

Benworth Capital is headquartered in Coral Gables, United States, in the North America region.

How does Benworth Capital make money?

Two revenue lines are on record. Interest Income on Loans are the primary driver. The others are origination Fees.

Who are Benworth Capital's main competitors?

Direct peers on record are Kiavi (formerly LendingHome), Patch of Land, CoreVest Finance, LendingOne, Visio Financial Services, RCN Capital and Lima One Capital. Emerging players are Groundfloor Finance and Do Hard Money. EquityMax is listed as a regional player.

Does Benworth Capital have an API?

No public API is recorded for Benworth Capital.

What industry is Benworth Capital in?

Benworth Capital's product category is Hard Money / Private Real Estate Lending. Its primary akta.pro industry code is FSABADAE, Private Banking Lending (Securities-Backed, Real Estate, Structured Credit), with a secondary code of FSALADAH, Construction & Development (C&D) Lending — Commercial/Multifamily. Its NAICS code is 522 and its SIC code is 6162.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
PR NewswirePRIVACY ALERT: Benworth Capital Partners Under Investigation for Data Breach of Customer RecordsSchubert Jonckheer & Kolbe LLP is investigating a data breach at Benworth Capital Partners, a Florida-based hard money and mortgage lender, after a cybercriminal gained unauthorized access to the company's systems around May 18, 2025. Benworth notified the Texas Attorney General on September 16, 2025, that 22,250 Texans were affected by the breach, which exposed borrower names, addresses, Social Security numbers, phone numbers, loan account numbers, and loan amounts. The law firm indicates that Benworth's delayed notification—over four months after the breach occurred—may have violated state and federal laws, potentially exposing the company to legal liability including damages and injunctive relief.PR NewswireBernie Navarro calls on Legislators To Take Action On Banking Schemes in FloridaBernie Navarro, Founder and President of Benworth Capital Partners, a South Florida-based private equity and mortgage lending firm, issued a public call on March 6, 2019 urging Florida legislators to strengthen enforcement against money laundering schemes in the state's mortgage industry. Navarro warned that offshore shell companies are increasingly using real estate transactions to circumvent U.S. Treasury and Florida state rules, similar to the drug money laundering problem that plagued South Florida in the 1980s. He specifically advocated for strengthening Chapter 494 of the Florida Statutes, praised Senator Marco Rubio's proposed legislation to expand Government Transparency Order requirements nationwide, and linked the shadow lending activity to potential ties to terrorism and foreign interference.