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|$25 Million Facility Expands InVenio's Debt Purchasing Capacity|
|Thursday, 16 April 2015|
InVenio Financial (InVenio), the debt purchasing affiliate of Phillips & Cohen Associates, Ltd (PCA), is delighted to announce the completion of a $25 Million credit facility from U.S.-based Javlin Capital (Javlin), enabling InVenio to acquire increased volumes of deceased account portfolios across all the countries it services.
“This capital enables us to expand the options available to creditors seeking to utilize our compassionate Estate recovery services in any of our global markets,” said Adam S. Cohen, Esq., PCA Co-Chairman and CEO. “We are the leading service-provider in this sensitive, niche market…and this multi-currency funding agreement increases our capacity to acquire specialty portfolios alongside guaranteeing creditors the reputational and brand protection with which we are synonymous.”
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