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

Jan 3, 2024
Finacity Facilitates Increase and Expansion of Accounts Receivable Securitization Program to $1.5 Billion with a $1 Billion Accordion Feature for Bunge

Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from $1.1 billion to $1.5 billion of the commitment capacity, with an accordion feature of…

Dec 15, 2023
Finacity Facilitates MXN 1 Billion Securitization for Laboratorios Sanfer, S.A. de C.V.

Finacity Corporation (“Finacity”) announced that it has successfully launched a trade receivables securitization for Laboratorios Sanfer, S.A. de C.V. (“Sanfer”).  The transaction amount is MXN 1 billion, it has a…

Dec 13, 2023
inVOICES: Weak Inverse Correlation between Payment Terms and Delinquency

inVOICESTM With its global reach in receivables financing, Finacity is in constant contact with active participants in all stages of the receivables market, from originators to funding sources.  Moreover, Finacity…

Nov 30, 2023
Aon Interview on Trade Receivables

Oct 2, 2023
Finacity Facilitates the Upsize and Expansion of an Existing Receivables Securitization Program for Swissport International AG

Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, has successfully closed an upsize and expansion of its existing $75 million IFRS off-balance sheet receivables securitization program to $100 million…