Contact Information: Media Inquiries Adrian Katz Finacity Corporation (203) 428-3540
Finacity Wins Association of Trade & Forfaiting in the Americas "2009 Deal of the Year"
| Source: Finacity
NEW YORK, NY--(Marketwire - February 4, 2010) - The Association of Trade & Forfaiting in the
Americas ("ATFA") honored a Finacity Corporation ("Finacity") transaction
on behalf of a Mexican company as its "2009 Deal of the Year."
New York-based ATFA is an association of banks, insurance companies, hedge
funds and exporters actively involved in various forms of Trade Finance
throughout the Americas. It is dedicated to fostering 'networking
opportunities' and educating.
"Our organization prides itself on representing the most innovative and
creative players in the trade finance industry. In a very difficult year
Finacity's willingness and ability to improvise and support its client
stood out as quite an incredible accomplishment," commented Brendan Herley,
President of ATFA.
"It is great to see such an important deal on behalf of our client receive
this recognition. All parties involved worked extremely hard throughout
the entire process in order to ensure a successful outcome," commented
Adrian Katz, CEO of Finacity.
About Finacity Corporation
Finacity specializes in the provision of efficient, securitization-based
trade receivables funding, state-of-the-art servicing, detailed transaction
transparency and reporting solutions. Finacity's offerings can include
both domestic and international receivables for its clients. Finacity's
strategic partners and investors include ABN AMRO Bank (now RBS), Bank of
America, Euler Hermes ACI, Avenue Capital, Ecoban and Kleiner Perkins
Caufield & Byers.
Finacity is active globally with receivable obligors in more than 80
countries. More information can be found at www.finacity.com. Information
with respect to ATFA can be found at www.tradeandforfaiting.com.