ARLINGTON, Texas (PRWEB) June 04, 2013
SFG Finance LLC (http://www.sfgfinance.com), a purchaser of auto paper from BHPH dealers, new vehicle franchise dealers, finance firms, banks and credit unions, nowadays announced that it has enjoyed important year-over-year increases in volume and has added three industry veterans to its group to support keep ahead of its development.

Adrienne Schlitz has joined as Senior Vice President-Manager of Acquisitions Mike Anderson has joined as Senior Vice President-Manager of Loan Servicing and Brad Adams has joined SFG as Vice President Enterprise Improvement.

Schlitz has over 22 years of auto business knowledge which contains 19 years in auto finance with a concentrate on non-prime organization. Prior to joining SFG, Schlitz held a Vice President position and was a leader in the Portfolio Acquisition Group of BB&T Dealer Financial Services/Regional Acceptance Corporation, exactly where she focused on company development and portfolio acquisitions. Prior to that, Schlitz served as Vice President at FSB Financial, where she created and managed credit operations.

Anderson has far more than 20 years of non-prime auto finance expertise in servicing, successfully top collections and buyer relations for a number of big businesses. His extensive background contains serving for numerous years as Senior Vice President of Servicing for AmeriCredit Economic Services and Vice President of Loss Mitigation for Triad Monetary Solutions.

Adams brings more than 20 years of knowledge in managing automotive loan portfolios to SFG. His knowledge involves consulting begin up BHPH operations for organizations managing portfolios nicely more than $ 100MM. Adams also has a wealth of expertise in other regions, including bulk purchasing securing lines of credit lender audits static pool evaluation forecast modeling and point of sale financing. Adams previously served as the Director of New Retailer Openings for Indianapolis, IN-based JD Byrider Systems, Inc. In addition, he managed JD Byrider locations for seven years and was the CEO of a multimillion dollar point of sale finance organization.

Due to our tremendous expansion we have recruited several veteran business experts. We are also hiring mid-level management positions in several departments as effectively as 20 added customer service personnel to stay ahead of our growth, mentioned Steve Burke, President and CEO of SFG Finance. We lately exhibited at the NABD in Vegas, and are excited about the auto atmosphere appropriate now. Its really upbeat and full of power. Additionally, we will be exhibiting at NIADA in just a couple of weeks to showcase our new and exciting programs. This is a wonderful time of unprecedented growth for our company and we look forward to developing even a lot more relationships with sellers of auto paper.

Since its inception, SFG Finance has actively bought and closed portfolios from dealers and finance firms nationwide. Portfolio sizes variety from $ 500,000 to $ 150 million, servicing released.

Funding is produced feasible by SFGs parent bank, with the added advantage of no require to securitize plus a a lot more steady cost of funds.

SFG is a wholly owned subsidiary of Southside Bank. For much more information go to: http://www.sfgfinance.com/ or drop by booth 629 at the NIADA convention and Expo, June 24-27, 2013, in Las Vegas, NV.

About SFG Finance:

SFG Finances tagline is: Where Relationships and Integrity Matter. The firm is an active purchaser of auto finance receivables, and its executive managers each have over 30 years of sector expertise. It is a wholly owned subsidiary of Southside Bank, one of the nations biggest independent banks with around $ 3.five Billion in assets. SFG Finance buys BHPH by means of super prime auto paper, servicing released, from banks, credit unions, auto dealers, and other financial institutions nationwide. The companys aggressive pricing and expertise across all credit spectrums make it an market leader. For much more info go to: http://www.sfgfinance.com or contact (800) 994-0898.





