February 2007
Finance
Page 43
First Capital Joins FCI
First Capital announced that it has become a member of the Factors Chain International (FCI) Network. FCI became an umbrella organization for independent factoring companies in 1968 and has grown into the world’s largest factoring network. Membership is only granted to companies that are committed to maintaining a high service standard.
Mark Sunshine, COO and CFO, commented, “The FCI membership and credibility will help First Capital expand services to Asia to satisfy the demand there. First Capital has much to offer in the way of experience and operational efficiencies and brings to the table Prompt, Professional and Reliable service.”
Factors Chain International is a global network or leading trade factoring companies, whose common aim is to facilitate international trade throughout factoring and related financial services. Currently, FCI has 212 factors in 61 countries.
Founded in 1987, First Capital is a financial services firm providing capital solutions for middle market companies and institutions. -L.D.