Richland Financial Services
Richland Financial Services (Richland FS) finance and financial products businesses primarily engage in consumer micro-finance. Richland FS is a micro-finance holding company with various partnerships inside it. Richland FS is responsible for the management of the funds collected via the partnerships, including fund allocation to consumers, collection, and management. Individuals register their investments with individual Richland FS funds at which time the investor chooses his or her preferred their risk profile. Once decided the funds are distributed to one or more credit consumers. From then the investor is able to track the movements of the funds, including collections all visible via a management information system. An investor is able to withdraw funds from a partnership once the funds have been collected from the borrower or the investor could keep the funds in the partnership allowing it to roll over into the next loan grant.