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Home > Company Index > Financial Services > Commercial Lending > The FINOVA Group, Inc.
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The FINOVA Group, Inc. |
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NEWS FROM THE WIRES |
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FleetBoston arranges $6 bln loan for Berkadia Aug 23 2001 06:03 AM PDT
Court approves Berkadia bailout plan for Finova Aug 10 2001 02:16 PM PDT
Finova posts steep Q2 net loss Aug 01 2001 04:15 PM PDT
GE Capital completes Franchise Finance purchase Aug 01 2001 01:40 PM PDT
Ex-divs to take 3.7 points off FTSE on August 1 Jul 30 2001 06:17 AM PDT
> More WIRE STORIES about this company
PROFILE |
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Though in bankruptcy, it's not FINOVA 'til it's over. FINOVA Group provides commercial financing to small and midsized businesses; other services include factoring, accounts receivable management, and equipment leasing. The firm has three segments: Commercial Finance, Specialty Finance, and Capital Markets. FINOVA targets such markets as transportation, wholesaling, communication, health care, and manufacturing. Loan write-offs have put the firm on shaky ground, and FINOVA has filed for Chapter 11 bankruptcy. Financial giants Berkshire Hathaway and Leucadia National Corporation (together doing business as Berkadia) are loaning FINOVA $6 billion and taking control of the company.
COMPETITION |
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Citigroup Inc. (C)
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Rosenthal Group (dossier)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 981.10
1-Yr. Sales Growth: (27.1)%
Employees: 1,098
Revenue per employee: $893,533.70
KEY PEOPLE |
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William J. Hallinan
CEO
Bruno A. Marszowski
CFO
CONTACT INFO |
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4800 N. Scottsdale Rd.
Scottsdale, AZ 85251
US
Phone: 480-636-4800
Fax: 480-636-5036
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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