Brooks, Houghton Interim Funding Announces $5.0 Million Investment in Affinity Financial Corp.
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April 28, 2008 - BHC invested $5.0 million in Affinity Financial Corp. in the form of a senior secured note. The BHC proceeds are being used for working capital and to accelerate AFC's marketing efforts.
Affinity Financial Corp., headquartered in Irvine, CA, provides private label financial products and services (predominately FDIC-insured deposit products) to affinity groups, employers, and financial institutions. AFC offers a full range of banking products and services through custom-branded internet "Banking Centers" specifically created for each particular Customer and its individual end-user base.
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Φ BHC Interim Funding, L.P. – Φ Brooks, Houghton & Company, Inc. 444 Madison Avenue • 25th Floor • New York, NY 10022• Phone: (212) 753-1991 • Fax: (212) 753-7730 263 Tresser Boulevard • Stamford, CT 06901 • Phone: (203)-564-1979 • Fax: (203)-564-1402
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