STAMFORD, Conn., Jan. 18, 2017 (GLOBE NEWSWIRE) -- Finacity Corporation ("Finacity") announced today that Darren Davies has joined the company as Managing Director, Origination for Finacity Capital Management (“FCM”). Davies has had significant experience in the credit markets and has held positions at Experian, DBRS, Standard & Poor’s Risk Solutions, and FitchRatings. Prior to Finacity, Darren was Vice President of Partnerships at LiftForward, a private label commercial lender where he was responsible for expanding origination channels through institutional partnerships.
"Darren brings broad experience in the credit markets and early stage ventures to FCM," said Adrian Katz, Chief Executive Officer. "As FCM continues to grow and expand, we are pleased that Darren will be leading our origination effort.” FCM is a dedicated principal finance platform within Finacity Corporation designed to facilitate efficient access to the receivables securitization markets for middle market companies.
About Finacity Corporation
Finacity specializes in the structuring and provision of efficient capital markets receivables funding programs, supplier and payables finance, back-up servicing, and bond administration. Finacity currently facilitates the financing and administration of an annual receivables volume of approximately US $100 billion. With resources in the USA, Europe and Latin America, Finacity conducts business throughout the world with obligors in 175 countries. For further information, please visit www.finacity.com.