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American Business Financial Svcs, Inc. - ABFI- Profile

Website: http://www.abfsonline.com

Phone: +1 215 940-4000
Address:
100 Penn Square East
Philadelphia, PENNSYLVANIA 19107
Company Description
American Business Financial Svcs, Inc.. The Group's principal activities are to originate, sell and service loans to businesses secured by real estate and other business assets. The Group operates through three segments: Loan Origination, Servicing and Treasury and Funding. The Loan Origination segment originates business purpose loans secured by real estate and other business assets, home equity loans and loans secured by one-to-four family residential real estate. The Servicing segment services the loans and leases originated by the Group. This segment includes billing and collecting payments from borrowers, transmitting payments to trust investors, accounting for principal and interest, collections and foreclosure activities. The Treasury and Funding segment offers subordinated debt securities to obtain funds for the Group's operating and lending activities. Financial service organization which originates, sells and serves business purpose loans and home equity loans
Key People
Chairman & Chief Executive Anthony J. Santilli
President & Chief Operating Officer Milton Riseman
Executive Vice President & Chief Financial Officer Albert W. Mandia
Executive Vice President, Secretary & General Counsel Stephen M. Giroux

Listings
American Business Fin'l
Specialist in lending to small businesses.
www.abfsonline.com

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