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NCB Management Services, Inc. Secures New $150 Million Credit Facility for Portfolio Acquisitions

insideARM.com    June 18, 2018

TREVOSE, Pa. -- NCB Management Services, Inc., a privately held national debt buyer and collection agency, has successfully secured a new senior credit facility of $150 million through a leading alternative asset manager with over $14 billion in assets under management that specializes in providing capital to growing businesses.


Ralph N. Liberio, President & CEO of NCB Management Services, Inc., commented on the recent transaction, saying: "This transaction marks a significant milestone in NCB's proud 24-year history. This new facility provides NCB with a strong borrowing capacity along with the necessary financial flexibility to access credit that is needed to properly grow and scale our business over the next several years. We are extremely pleased with the expansion of our credit facility as it will provide ready access to capital for our portfolio acquisition efforts."


The refinancing efforts were led by Marcelo Aita, currently Board Advisor at NCB who stated, "The team at NCB demonstrated that a well-run company with the right strategic outlook can attract the capital it needs to support future growth for years to come." As the former President & CEO of NCB he knew exactly what it would take to complete a transaction like this. Aita added, "Securing the right type of capital is a process that starts with a strong management team, a clear financial vision, and financial partners that truly understand a company's potential." NCB was also advised by Chartwell Financial Advisors and represented by Frost Brown Todd, LLC. and Andrew J. Blady of Sessions, Fishman, Nathan & Israel LLC.


NCB has invested more than $150M in portfolio acquisitions and has acquired north of $3.3B in unsecured consumer receivables both direct from creditors as well as other debt buyers. "This credit facility will provide NCB the ability to more effectively manage our capital in a manner that we believe will continue to enhance shareholder value", stated James LaSala, Chief Financial Officer for the company.


NCB continues to concentrate their debt buying and servicing attention in the "Unsecured Consumer Credit" verticals, specifically within the credit card, unsecured consumer loan and auto-deficiency asset classes. The company purchases both non-performing and semi-performing portfolios. They have more than two-decades of experience buying and servicing these types of debt and want to continue leveraging their new financial and operational capacity. To learn more about partnering with NCB, reach out to one of the executives at NCB and start an exploratory conversation.


About NCB Management Services, Inc.


NCB Management Services, Inc., established in 1994, is headquartered in the Philadelphia area with satellite offices in Jacksonville, FL and Sioux Falls, SD. NCB is a recognized Accounts Receivable Management (ARM) industry leader as well as a nationally respected debt buyer. The company is partially owned by its employees through an Employee Stock Ownership Plan (ESOP). The NCB ESOP is a company-funded defined contribution retirement plan established in 2014 for the benefit of NCB employees.

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