Finacity Serves as Advisor on New General Financial Consumer Loan Origination Program and Facilitates $15 million of New Financing

Dec, 2015 by Finacity

Stamford, CT – December 23, 2015 – Finacity Corporation (“Finacity”) is pleased to announce that it has served as advisor to a loan origination program recently closed between General Financial, Inc. (“General Financial”) of Atlanta, Georgia and a federally chartered regional bank. The program facilitates the future origination of internet marketed loans by the bank employing General Financial’s marketing technology. As part of the loan origination program Finacity sourced an additional $15,000,000 of new loan funding for General Financial. “We’re proud to have facilitated such an innovative program,” said Paul Jenison, Finacity’s consumer finance Managing Director. “This advisory reflects Finacity’s continued commitment to specialty finance firms like General Financial.”

About General Financial

General Financial is a specialist in loans extended to active duty military personnel. The lender was founded in 2007 by CEO Sabetay Palatchi and has rapidly become one of the leading providers of internet marketed loans. Mr. Palatchi stated that “this new origination program permits our continued growth in the armed forces lending sector. General Financial is delighted to be working with a federally chartered bank, known for quality VA mortgage lending and fully committed to active duty personnel, veterans and their families.”

About Finacity Corporation

Finacity Corporation specializes in the structuring and provision of efficient capital markets receivables funding programs, state-of-the-art servicing, and bond administration. Finacity currently facilitates the financing and administration of approximately $100 billion of receivables annually. With resources in the USA, Europe and Latin America, Finacity conducts business throughout the world. The Finacity consumer receivable activities incorporate auto loans, credit card receivables, retail installment and all specialty finance classes. For more information on our company, please visit www.finacity.com.

For more information, please contact Finacity Corporation:

Paul Jenison, Managing Director, Consumer Finance
Tel: (203) 428-3511

Jim Leonard, Managing Director, Origination Funding
Tel: (203) 428-3584

Nov 18, 2024
Finacity Facilitates an up to USD 50 Million Lender Finance Programme for Volo Fin Pte Ltd

Finacity Corporation, a White Oak Global Advisors Company (“Finacity”), announced today that it has successfully facilitated a new Lender Finance Program for Volo Fin Pte Ltd (“Volo Fin”), a leading…

Oct 21, 2024
Finacity Facilitates an Amendment and Increase for the Accounts Receivable Securitization Program to $45 Million for Hyperion Materials & Technologies Inc.

Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from $40 million to $45 million for the commitment capacity of the Accounts Receivable Securitization…

Jul 23, 2024
Finacity Facilitates a EUR 50 Million Receivables Securitization Program for Metinvest Trametal and Ferriera Valsider in Italy

Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, announced that it has successfully launched a EUR 50 million receivables securitization program for Metinvest Trametal and Ferriera Valsider, two re-rolling…

Jun 6, 2024
Finacity Upsizes IFRS Off-Balance Sheet Receivables Securitization for Vitro to USD 225 million

Finacity Corporation, a White Oak Company, (“Finacity”) announced that it has successfully upsized its IFRS off-balance sheet trade receivables securitization for Vitro International Investments, S.A. and Vitro, S.A.B. de C.V.…

Jun 4, 2024
Investors and corporates share thirst to tap trade receivables pool

Six of the interviewees in this article, from left in top row: Laurent Christophe, Trafigura; Shaun Baddeley, AFME; Miray Muminoglu, Lloyds. Bottom row: Abigail Deméocq, Crédit Agricole CIB; Dominic Capolongo,…