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FirstCity Financial Corp.

FirstCity Financial Corp.

Law Firms

Description

FirstCity Financial Corporation operates as a multi-national specialty financial services company. The company operates in two segments, Portfolio Asset Acquisition and Resolution, and Special Situations Platform. The Portfolio Asset Acquisition and Resolution segment acquires and resolves portfolios of under-performing and non-performing loans, performing loans, and other assets, which are generally acquired at a discount to their legal principal balance or appraised value; services, manages, resolves, or disposes various portfolio assets acquired by the company, its acquisition partnerships, or other related entities. The Special Situations Platform business segment provides investment capital to privately-held lower middle-market companies through flexible capital structuring arrangements. This segment also engages in other investment activities, including leveraged buyouts and distressed debt transactions. The company has operations in the United States of America, Mexico, Europe, and South America. FirstCity Financial Corporation was founded in 1950 and is headquartered in Waco, Texas. As of May 17, 2013, FirstCity Financial Corp. was taken private.

Corporate Address

6400 Imperial Drive Waco, TX76712 United States of America

United States of America

254-761-2800

Tags:

Loans and Financial, Investment Loans, Personal Loans, Loan Management

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