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FirstCity Financial Corporation (FCFC)

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Last Post: 6/15/2012 3:01:01 PM - Followers: 0 - Board type: Free - Posts Today: 0

FirstCity Financial Corporation (FirstCity) is a specialty financial services company. The Company engages in two business segments: Portfolio Asset Acquisition and Resolution, and Special Situations Platform. In the Portfolio Asset Acquisition and Resolution business, the Company acquires portfolios of performing and non-performing loans and other assets, at a discount to their legal principal balances or appraised values, and services and resolves these assets. Through its Special Situations Platform business, the Company provides investment capital to privately-held, middle-market companies through flexible capital structuring arrangements to generate a risk-adjusted return. These capital investments primarily take the form of senior and junior financing arrangements, but also include direct equity investments and common equity warrants. http://www.google.com/finance?q=FCFC
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