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Home > Company Index > Financial Services > Commercial Lending > American Business Financial Services, Inc.

American Business Financial Services, Inc.
Nasdaq: ABFI
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 NEWS FROM THE WIRES
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 NEWS FROM THE STANDARD
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Dec 04 2000 12:00 AM PST

 PROFILE
American Business Financial Services is the holding company for American Business Credit, whose subsidiaries originate, sell, and service primarily home equity loans, but also business loans and first and second mortgages. The company, which targets subprime customers, operates primarily in the eastern US, with nearly two-thirds of its loan originations in New York, New Jersey, and Pennsylvania. The company markets its services through telemarketing and advertising, as well as through a direct sales force and Web site. Chairman and CEO Anthony Santilli and EVP Beverly Santilli (husband and wife) together own nearly 30% of the company.

 COMPETITION
Aames Financial Corporation (AAM)
Countrywide Credit Industries, Inc. (CCR)
Irwin Financial Corporation (IRWN)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 130.60
1-Yr. Sales Growth: 51.2%
Employees: 911
Revenue per employee: $143,358.95

 KEY PEOPLE
• Anthony J. Santilli
    CEO
• Albert M. Mandia
    CFO

 CONTACT INFO
111 Presidential Blvd., Ste. 101
Bala Cynwyd, PA 19004
US
Phone: 610-668-2440
Fax: 610-617-4925
Online: Web Site

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