Prior to establishing i2B Capital, Larry was the Chief Development Officer and Co-Founder of VION Receivable Investments. VION was a large distressed financial asset buyer focused on financial assets that were performing, new originations, delinquent and charged off. Larry managed VION’s marketing, sales, acquisitions, new asset class development, and was an investment committee member. Larry was instrumental in establishing pre- and post-purchase collection strategies working with multiple vendors and developing the VION brand. He brings years of diversified experience from the debt buying industry from both the financing and acquisition sides of the business. Larry was instrumental in closing the first registered debt portfolio's with a major credit card issuer through the Global Debt Registry. This process allowed the first account level chain of title to be electronically produced. To date, he has worked with two national banks and registered more than $800M in credit card receivables through the Global Debt Registry. Today registered debt is managed up to 12 layers deep by the Global Debt Registry. Larry also led VION into the European distressed debt market, closing several transactions in Spain and he developed new market opportunities in Latin America and Brazil.
Prior to joining VION, Larry was Vice President of OSI Portfolio Services and Director of Acquisitions for Vision Management Services. Prior to joining Vision Management Services, Larry was the owner-operator of New Horizons Computer Learning Center of Southern Arizona, a franchise of New Horizons Worldwide, the largest computer training company in the world. During his ownership, the center was designated as the only Microsoft Gold Partner for training in the southwest region. Additionally, the company was one of only two training sites in the country for the EC Council’s Certified Ethical Hacking training centers. Franchise accolades include Fastest Growing Franchise, Highest Revenue Per Employee, and highest EBITDA/Revenue 2004 out of 250 centers worldwide. The company achieved training partner status with both the BBB of Southern Arizona and the Greater Tucson Chamber of Commerce. In 2004, Larry was ranked as one of Tucson's leading young entrepreneurs by Inside Tucson Business Magazine. In 2005, he sold the center which had generated $20 Million in revenue since inception.
Prior to building New Horizons of Southern Arizona, Larry was part of an early debt-buying group that began purchasing charged off receivables in 1991. By 1993, Larry was the Director of Marketing & Sales for Performance Capital Management and NASD Principal of the Broker Dealer responsible for raising $50M in funding from 1,900 retail investors. Larry was regularly heard on 1600 AM Financial News Network and hosted investor groups weekly at the Performance Capital Management collection facilities.
Larry is a graduate of Colorado State University with a B.S. in Finance. Larry also recently achieved his Executive Certificate in Business Administration from the University of Notre Dame’s Mendoza School of Business. Larry works throughout the entrepreneurial community in Colorado. He is on the Board of Advisers for Colorado State University’s Institute for Entrepreneurship, a mentor to students in the CSU Venture Accelerator, a mentor at Galvanize a shared work space for entrepreneurs and high tech training center, and a member of the Rockies Venture Club “RVC’, the nation’s oldest angel investment group. Larry is also a board member for the Granby Ranch Conservancy, a 5,000-acre master planned ski, golf, fish, bike and hike community located in Grand County, CO. Larry is married to his wife of 23 years Jacquelyn. They have 3 children together, Cara (20) and Ciana (17), and Evan (13).