Sunshine Funding USA - Order Revoking License

November 8, 2010

Whereas the surety bond of Sunshine Funding USA LLC of 5 Industry Road, South Portland, Maine and PO Box 282, Glassport, PA was cancelled by Liberty Mutual bonding company, effective August 4, 2010; and

Whereas the Bureau of Consumer Credit Protection provided several opportunities for Sunshine Funding USA LLC to bring itself into compliance, including sending a notice to its licensed address and a subsequent address the Bureau obtained through ?change of address? records; and

Whereas Sunshine Funding USA LLC has not been bonded nor has it communicated with the Bureau;

Now, Therefore it is hereby ORDERED the Supervised Lender License of Sunshine Funding USA LLC is hereby REVOKED effective retroactive back to August 4, 2010 and it is further ORDERED that Sunshine Funding USA LLC pay the Bureau the amount of $250.00 to pay for costs of investigating its two changes of address and to reimburse the Bureau for its several unsuccessful efforts to contact the supervised lender to permit the supervised lender to bring itself back into compliance with Maine law.

»Return to Enforcement Action List