Prestige Financial Securitizes $151 Million Loan Portfolio
Prestige Financial Services Inc. completed its seventh rated term securitization, issuing $140.5 million in notes backed by $151.1 million in subprime automobile installment loans.
Prestige Financial Services Inc. completed its seventh rated term securitization, issuing $140.5 million in notes backed by $151.1 million in subprime automobile installment loans.
Prestige Financial Services Inc. announced Monday that Comerica Bank will join Wells Fargo Preferred Capital and Bank of America Business Capital as lenders on Prestige’s line of credit.
Prestige Financial Services Inc. named Rich Hyde executive vice president of operations. He will oversee loan servicing, operations policy and client special situations for the Salt Lake City-based auto finance company.
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