FLOCK Specialty Finance held its second Advisory Council meeting this week. As a follow-up to our inaugural session earlier this year, we reviewed details of our newly confirmed capital relationship with MidCap Financial and the opportunities that relationship opens for helping our clients expand their debt portfolio purchasing into markets such as sub-prime automotive.
We demonstrated how FLOCK’s data strategy – from infrastructure and security to underwriting and performance monitoring – benefits our clients by reducing portfolio purchase risk and guiding them to optimal returns post-purchase. Part of our data strategy includes maintaining the best analytics capabilities and that led us to an update from Jennifer Priestley, Associate Dean of The Graduate College and the Director of the Analytics and Data Science Institute at Kennesaw State University. Jennifer shared the results of her work on FLOCK’s behalf to model the factors that drive auto debt repayment as they impact the value of auto debt portfolios.
We wrapped up the Advisory Council session by identifying new initiatives which FLOCK can institute to enhance its promise of bringing “More than a transaction” to our clients.
About FLOCK Specialty Finance
FLOCK Specialty Finance is dedicated to alternative funding in a variety of specialty finance segments. Our mission is to provide clients with capital and expertise for the purchase of both charged off debt portfolios as well as for the financing of subprime consumer obligations. FLOCK believes its funding is “More Than a Transaction”. Our proprietary financing structure provides growth-minded clients with a competitive advantage in multiple asset classes. Founded in 2007, FLOCK Specialty Finance is headquartered in Atlanta, GA.
Contact FLOCK Specialty Finance today to learn how we can help you capitalize on the current marketplace.