Having already received preliminary indications from two of its previous investors, Arrow Financial is prepping its next distressed consumer debt securitization for June or July of this year. The transaction will be in the $25 million range, and will follow the acquisition and seasoning of one or two additional consumer loan portfolios.

The company acquires these distressed consumer portfolios, generally backed by assets such as delinquent utility/telecommunication bills, private-label credit cards, autos and other types of consumer contracts. The firm then securitizes and services the assets to maximize recoveries.

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