Oliphant Acquires Assets of Performance Capital Management

SARASOTA, FLORIDA: Oliphant Financial, LLC, a leading debt buyer of charged off credit card debt, announced today its acquisition of the majority of the portfolio assets owned by Performance Capital Management (PCM), a debt buyer based in southern California.

Said Robert Morris, CEO of Oliphant Financial, “transactions like this are normally much more complex, but things really came together smoothly in large part because of the assistance of Dave Caldwell, who was and continues to be helpful every step of the way. We’re very excited to have worked with him on this project and, as an added bonus, this transaction represents the inaugural transaction of Falcon Fund, which is managed at Flock Advisors (www.flockadvisors.com) in Atlanta.”

Dave Caldwell, COO of PCM, commented: “With the sale of our portfolios, PCM will be winding down its debt buying business of several years.

However, we couldn’t be happier with the new buyer, Oliphant Financial, a debt buyer with an outstanding track record of service and integrity.”
Additional information, please contact Melody Cuff (CuffM@oliphantfinancial.com): 941-556-1450.

About: As one of the first companies dedicated to the practice of debt purchasing since February, 1992, Oliphant Financial has been involved in literally thousands of transactions as buyer, seller or advisor to receivable sales transactions. Learn more at www.oliphantfinancial.com.