Finacity Hires Darren Davies as Managing Director, Origination for Finacity Capital Management

Finacity Corporation (“Finacity”) announced today that Darren Davies has joined the company as Managing Director, Origination for Finacity Capital Management (“FCM”). Davies has had significant experience in the credit markets and has held positions at Experian, DBRS, Standard & Poor’s Risk Solutions, and FitchRatings. Prior to Finacity, Darren was Vice President of Partnerships at LiftForward, a private label commercial lender where he was responsible for expanding origination channels through institutional partnerships.

“Darren brings broad experience in the credit markets and early stage ventures to FCM,” said Adrian Katz, Chief Executive Officer. “As FCM continues to grow and expand, we are pleased that Darren will be leading our origination effort”. FCM is a dedicated principal finance platform within Finacity Corporation designed to facilitate efficient access to the receivables securitization markets for middle market companies.

About Finacity Corporation
Finacity specializes in the structuring and provision of efficient capital markets receivables funding programs, supplier and payables finance, back-up servicing, and bond administration. Finacity currently facilitates the financing and administration of an annual receivables volume of approximately US $100 billion. With resources in the USA, Europe and Latin America, Finacity conducts business throughout the world with obligors in 175 countries. For further information, please visit www.finacity.com.

For more information please contact:

Finacity

Adrian Katz, Tel: +1 (203) 428-3540

Darren Davies, Tel: +1 (203) 428-3537

Latest News

Press Release

Sep 2022

Finacity and ING Belgium NV Facilitate Increase of Accounts Receivable Securitization Program to $200 Million for Cushman & Wakefield

Finacity Corporation (“Finacity”), a White Oak Company, and ING Belgium SA/NV announce that they have facilitated an increase from $125 million to $200 million of the commitment capacity for the Accounts Receivables Securitization Program for Cushman & Wakefield Inc. (“C&W”), a leading global real estate services firm headquartered in Chicago, IL.

Press Release

Jul 2022

Finacity Facilitates Increase and Renewal of Accounts Receivable Securitization Program to EUR 300 million for the Greek State-Controlled Public Power Corporation S.A.

Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from EUR 200 million to EUR 300 million of the commitment capacity for the accounts receivable securitization program for Public Power Corporation S.A. [ATHEX: PPC] (“PPC”), the largest Greek electricity generator and the principal supplier of electricity in the country. The securitization program finances consumer and corporate receivables originated by PPC in Greece.

Press Release

Jul 2022

Finacity Facilitates a $70 Million Receivables Securitization Program for American Airlines, Inc.

Finacity Corporation (“Finacity”), a White Oak Company, has successfully facilitated a $70 million receivables securitization program for American Airlines, Inc., headquartered in Fort Worth, Texas. The program focuses on a multi-country, multi-currency portfolio of cargo receivables from certain countries where the airline operates. Finacity provided origination, analytic and structuring support. Finacity serves as the ongoing Administrator for the program.