September 16, 2014 10:50 AM ET

Diversified Financial Services

Company Overview of Equable Ascent Financial, LLC

Company Overview

Equable Ascent Financial, LLC engages in purchasing and managing consumer and commercial receivables in the United States. It specializes in non-collateralized loans, such as pre and post charged-off credit card, installment loans, and auto-deficiency balances. The company also involves in managing the placement and monitoring of accounts; valuing receivables; and creating in-depth behavioral segments based on historical cash flow, demographic information, and credit bureau attributes. It serves financial institutions, regional banks, retail credit providers, turnaround professionals, trustees, distressed companies, senior lenders, and other distressed asset buyers. Equable Ascent Financial,...

1120 West Lake Cook Road

Suite B

Buffalo Grove, IL 60089

United States

Founded in 2000





Key Executives for Equable Ascent Financial, LLC

Senior Vice President
Age: 57
Senior Vice President of Global Solutions
Principal of Europe
Senior Vice President
Principal of Europe
Compensation as of Fiscal Year 2014.

Equable Ascent Financial, LLC Key Developments

Hilco Receivables, LLC Announces Executive Appointments

Hilco Trading, LLC announced the formation of Hilco Receivables, LLC. Jay Stone has been named CEO. Mr. Stone had spent nearly six years building his own successful accounts receivables organization called Steamboat Partners LLC since 2007. Joining Jay Stone from Steamboat Partners is a seasoned management team. Buddy Beaman, EVP/COO, served as a VP for Bear Stearns (eCast) and First USA /Bank One, running their collections and recovery system as well as analytics. Bill Schmeiderer, SVP Operations, was Director of the Commercial A/R Division of Apex Financial Management. He also worked with DeVry Incorporated, where he managed student loan collections, and served with Household International (now HSBC) in collection management. A team of highly-experienced commercial collectors, each with a minimum of 20 years of experience, has also joined the new Hilco Receivables.

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