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Capital Financial Global Announces Plans to Enter Life Insurance Settlement Market
Capital Financial Global Announces Plans to Enter Life Insurance Settlement Market.
About this update from Capital Financial Global, Inc.
[{"type":"text","content":"\n\n\n\nCapital Financial Global Announces Plans to Enter Life Insurance Settlement Market\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCapital Financial Global Announces Plans to Enter Life Insurance Settlement Market\nPR Newswire\nSALT LAKE CITY, Dec. 18, 2013\n\n\n\nSALT LAKE CITY, Dec. 18, 2013 /PRNewswire/ -- Capital Financial Global, Inc. (OTC Pink: CFGX), announced today that it plans to enter the life insurance settlement market by identifying qualified life insurance policies, purchasing them, and aggregating them into a large portfolio for its own account.\n\n\"Until now, we've been primarily focused on transactions collateralized by life insurance policies that have cash surrender value,\" said Mr. Paul Edward Norat, CEO of Capital Financial Global, Inc. \"But now we can work with policies based on the face value of their death benefit because we've recently aligned with some key players in the capital markets that have an appetite for it.\" \n\n\"But best of all, this will pave the way for us to begin offering financing solutions to our clients using life insurance death benefit as the collateral,\" continued Mr. Norat.\n\nAbout Capital Financial Global, Inc.\n\nCapital Financial Global, Inc. (CFGX) is a specialty finance company that offers asset-backed financing and loan advisory services to insurance trusts & pension funds, owners of commercial real estate, owners of residential real estate portfolios, and owners of mining & precious metals assets.\n\nOur Market Positioning & Differentiation\n\nUnlike traditional banking models, CFGX offers organizations needed liquidity by using an asset-backed approach rather than a traditional credit approach to originating new loans, buying and selling existing loans, and converting distressed collateral into cash or trade-able form.\n\nOur Revenue Model\n\nWe seek revenue from loan fees, interest rate spreads on loans we hold, and margins on loans sold in whole or in part to institutional investors, hedge funds, or other secondary market participants. We also seek revenue by charging loan servicing fees...