FLOCK Launches Specialty Finance Company for Debt Buyers

Posted by Joachim Bartels | Aug 1, 2013 | Accounts Receivable Management, Debt Collection and Recovery, Flock Advisors, United States | 0 |

Flock Advisors has raised a new round of capital with a group of institutional investors that will expand Flock’s ability to offer creative financing solutions for debt portfolio purchases, refinancing, and strategic balance sheet reengineering. As a result, Flock has launched a new company called FLOCK Specialty Finance, and will expand its staff in the months ahead.

The new capital structure gives founder Michael R. Flock and his team new capabilities for deeper lending relationships typically offered by specialty finance firms. Middle market debt buyers and collection businesses will now have a financing source that will help them navigate the turbulent changes affecting the industry.

FLOCK’s mission is to provide clients with capital and expertise needed to optimize both portfolio purchases and the company’s financial value. FLOCK is “more than a transaction”.

Source: Flock Advisors

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