Securcor Financial Completes $50MM ABS for Geneva Capital



Securcor Financial Group supported the funding of a $49.5 million securitization for Geneva Capital. The securitization required a single A rating and was funded privately by an established U.S. based insurance company.

The facility will be used to further expand Geneva’s existing vendor-based equipment finance business in the U.S.

“Geneva is an excellent example of the type of equipment finance company Securcor Financial Group supports – an independent finance company operating with a great track record of growth, profitability and portfolio performance,” said Brian Rodd, president and CEO of Securcor
Financial. “Our privately rated and funded structure provides finance companies of all sizes with access to a market-alternative source of funding.”

“This private ABS facility through Securcor Financial Group provides the leverage, terms and diversification needed to fuel our long term growth plans” said Mark Watkins, president of Geneva Capital.

Established in 2000, Geneva Capital is a niche lender which provides financing solutions to the graphic arts, fitness, sign and municipal market places.

Securcor Financial Group provides customized securitization, receivable and structured financing programs to clients across North America. Securcor has established strong funding alliances with several leading financial institutions and, since inception, has originated in excess of $6 billion in automobile financing, equipment leases and consumer finance contracts.


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com