Finacity Expands Consumer Finance Platform
April 2013 by Finacity
Stamford, CT - April 16, 2013 - Finacity Corporation (“Finacity”) a leading provider of structured finance services, announced today that consumer asset backed securities expert Paul Jenison has joined the firm. Jenison, a former Managing Director at PaineWebber and at Prudential Securities, will be heading Finacity’s expanded efforts to facilitate the securitization and financing of consumer receivables.
“In this still challenging funding environment,” Jenison stated, “the need for superior structuring support, excellent analytics and dependable transaction administration can make the difference in getting a transaction closed.” Adrian Katz, Finacity CEO, said that “Finacity had a record year in 2012 with more than $60 billion of commercial and consumer receivables financed for our clients. With increased resources and focus Finacity intends to enhance its success in assisting clients with efficient financing of consumer receivables.”
About Finacity Corporation
Finacity specializes in the structuring and provision of efficient receivables funding programs, state-of-the-art servicing and administration. Finacity currently facilitates the financing and administration of an annual volume of receivables in excess of $60 billion. Finacity conducts business throughout the world. For more information about Finacity please visit www.finacity.com.
For more information please contact:
Paul Jenison, Finacity Corporation
Tel: (203) 428-3511
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