Carolina Martinez is CEO of CAMEOa California micro-business network, and an expert on small business and CDFIs.
Over the past four years, Darren Preston turned his Malibu’s Burgers food truck into one of the most popular restaurants in the San Francisco Bay Area. Despite the lines out the door and rave reviews, Malibu’s filed for bankruptcy early last year. The cause had nothing to do with the food. What appeared to be a standard loan from an online lender turned out to be a receivables purchase agreement, a complicated arrangement loaded with hidden fees and sky-high interest rates



