Resurgence Capital Secures Debt Financing from Javlin Capital

Resurgence Capital, LLC was recently successful in obtaining senior secured debt financing from Javlin Capital, LLC to fund the purchase of charged-off consumer debt portfolios.  Greenberg Advisors, LLC advised Resurgence’s shareholders throughout the process.

As part of the transaction, Javlin refinanced Resurgence’s existing portfolio, which had previously been financed by a commercial bank.

Robert E. Johnson, CEO of Javlin, said, “We’re delighted to have entered into a portfolio finance relationship with Resurgence, including refinancing their existing book.  With our financing and operational expertise, Resurgence is poised for significant growth.”

Brian Greenberg, CEO of Greenberg Advisors, commented, “Because of the unique and specialized platform at Resurgence, we received interest from many capable lenders.  We’re excited for our client to have secured this capital, particularly at a time when capital is difficult for many debt purchasers to obtain.  We believe this is a clear reflection of their solid business model and execution skills.”

Resurgence Capital, LLC is a leading purchaser and collector of charged-off credit card receivables that utilizes a specialized strategy, which is based on its customized analytical processes and proprietary litigation-centric collection model.  Its process-oriented legal collection strategy distinguishes it from many collection law firms and traditional debt buyers by providing for complete control, from purchase to collection.  Founded in 2001, Resurgence is based in Deerfield, Illinois.

Javlin Capital, LLC partners with buyers of servicing-intensive financial assets including non-performing consumer debt.  For debt buyers, Javlin provides integrated portfolio finance that is flexible, reliable and cost efficient.  Javlin’s partnership approach and expertise in operations and corporate development deliver value to debt buyers beyond the capital it provides.

Greenberg Advisors, LLC provides value-added strategic advice to clients in the Accounts Receivable Management and related Specialty Finance sectors worldwide.  Greenberg Advisors offers market-leading advisory services focused on M&A, Capital Raising, and Valuation, as well as a variety of analytical and planning services to assist clients in understanding and enhancing the value of their business.