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online payday loans BusinessParore, Pero clash over mortgage future2 Aug, 2008 05:00 PM6 minutes to readMike Pero.The war of words between the two high profile businessmen comes at a time when mortgage broking franchises are under pressure due to the downward trend in the property market and the global credit crunch.Pero, who made his name with Mike Pero Mortgages, believes cricketer Parore’s business model cannot be sustained.”For a long time it’s been thought that what they [Adam Parore Mortgages] were trying to achieve with the small number of franchises is unsustainable,” says Pero. “It is top heavy.”Parore has rubbished the suggestion Adam Parore Mortgages (APM) is winding down, saying he remains “100 per cent committed in an operational capacity to the business”.And, he says, he has big plans for the future of the company.”A lot of people seem to think I live in India these days, which is absurd,” says Parore.”I go there twice a year for four to five weeks at a time. Other than that I’m in the office every day, working and running a business.”We’re travelling pretty well,” he says, adding the business is winding up, not down.online payday loans

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