Another payday lender is saying its employees are on the chopping block when new regulations for the state's payday industry likely kick in this summer. Dublin-based BizCorp LLC , the management company for the owner of the National Check Cashers and Always Payday chains, in a filing with the state said it will close its 34 stores - all in Central Ohio - because of the passage of House Bill 545. Ted Strickland has said he intends to sign, caps the annual percentage rate on payday loans at 28 percent, down from the current maximum of 391 percent, and makes other changes to borrowing limits and loan terms. Ohio at the end of 2007 had 1,638 payday lending shops, 257 of which were in Central Ohio. BizCorp is the latest of several payday lending companies to make early preparations for exiting the Ohio market. Some companies with shops in the state, including Columbus-based Heartland Cash Advance , have taken the first steps to shutting down with the regulations likely a few months away. read more