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Home > Company Index > Financial Services > Miscellaneous Financial Services > Harbourton Financial Corporation

Harbourton Financial Corporation
OTC: HBTN
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 NEWS FROM THE STANDARD
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 PROFILE
Harbourton Financial (formerly Allstate Financial) offers short-term loans for land acquisition, infrastructure, and construction to businesses involved in developing residential properties. To other small and midsized companies, the firm provides financing secured by accounts receivable, inventory, and equipment and machinery. Harbourton Financial primarily operates in the Southeast; more than a third of its loans are made in Florida and another quarter are written in North Carolina. Subsidiary Lifetime Options manages a portfolio of life insurance policies purchased prior to 1997 from individuals with life-threatening illnesses. Timothy Ewing of Ewing & Partners owns more than 85% of Harbourton Financial.

 COMPETITION
The CIT Group, Inc. (dossier)
First Union Corporation (FTU)
Heller Financial, Inc. (HF)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1.50
1-Yr. Sales Growth: (59.5)%
Employees: 8
Revenue per employee: $187,500.00

 KEY PEOPLE
• J. Kenneth McLendon
    CEO
• C. Fred Jackson
    CFO

 CONTACT INFO
8180 Greensboro Dr.
McLean, VA 22210
US
Phone: 703-883-9757
Fax: 703-998-5470

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