Updated almost 4 years ago on . Most recent reply
Note Business Name Constraints
I was listening to a number of Chris Seveney "Good Deeds Note Investing" podcasts discussing the need to create domains and entities. The discussion involved lessening the ability for a future borrower to contact the note buyer directly instead of through the servicer. The other issue is inadvertently using business words reserved for licensed investment firms, banking firms, etc.
I'm currently in the process of establishing a note business LLC and have come up with a name that involves the words "investing" or "investments." Does the choice of either name a flag for SEC or professional organizations to get excited about?
For context, I come from an engineering background that is very sensitive to business names implying professional engineering with none on staff. This profession, as many do, strive to protect the public and to preserve practitioners from unlicensed entities.
Any advice would be greatly appreciated.
Bruce Foley



