Type Public Industry Financial services Founded 1986 | Traded as NASDAQ: FCFC Website www.fcfc.com Parent organization Hotspurs Holdings LLC | |
Total assets US$ 282.469 million (2013.09) Headquarters Waco, Texas, United States Subsidiaries FirstCity Chile Ltda. | ||
FirstCity Financial Corporation is a specialty financial services company providing the service and management of various financial assets including performing and non-performing, commercial and consumer loans in financial markets around the world. The company operates the business into four parts: Debt Purchases, Due Diligence Underwriting, Loan Servicing and Management and Debt Obligation Negotiation and Resolution. In May 2013, Värde Partners, Inc. finished the acquisition of FirstCity Financial Corporation.
History
In 1986, FirstCity was founded as a specialty financial services company focused on market for secondary debt and portfolio asset transactions.
References
FirstCity Financial Wikipedia(Text) CC BY-SA