Javlin Capital LLC (“Javlin”) has entered into a credit agreement with Denver-based Liberty Acquisitions II, LLC (“Liberty”) to provide Liberty with a senior facility to finance Liberty’s purchases of charged-off consumer receivables and assist the company’s growth strategy.
Liberty Acquisitions II and its affiliate, Liberty Acquisitions Servicing, LLC, deploy a highly analytical legal collection strategy to maximize the value of portfolios acquired in several Western states, including Colorado, Utah, and Nebraska. The Javlin facility will enable Liberty to execute an aggressive expansion strategy into more states during the course of the next several years.
Jeff Busch and Mark Cannon, co-presidents of Liberty, applauded the partnership with Javlin. “The principals of Javlin have grown small businesses into industry leaders,” they said, noting Javlin’s principals’ backgrounds with Arrow Financial Services, West Corporation, Hilco Receivables, and other leading ARM-industry firms. “Their value-added approach to partnership with Liberty will contribute significantly to our ability to execute our growth strategy.”
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