August 26, 2016 3:15 AM ET

Commercial Services and Supplies

Company Overview of Palisades Collection, L.L.C

Company Overview

Palisades Collection, L.L.C is a debt collection agency and is based in Bethlehem, Pennsylvania. Palisades Collection, L.L.C operates as a subsidiary of Asta Funding Inc.

87 South Commerce Way

Suite 70

Bethlehem, PA 18017

United States

Phone:

800-873-5648

Key Executives for Palisades Collection, L.L.C

Palisades Collection, L.L.C does not have any Key Executives recorded.

Palisades Collection, L.L.C Key Developments

Asta Funding, Inc. and Palisades Collection, LLC Signs the First Amendment to Loan Agreement with Bank Hapoalim B.M

On March 30, 2016, Asta Funding Inc. and its subsidiaries, including Palisades Collection, LLC signed the first amendment to the loan agreement with bank Hapoalim B.M. which amended certain terms of their banking arrangement. The first amendment includes the reduction of the interest rate from LIBOR plus 275 basis points to LIBOR plus 225 basis points; a decrease in the net equity requirement by $50 million, to $100 million; and modifies the no net Loss requirement from a quarterly to an annual basis. All other terms of the original agreement remain in effect.

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Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
 

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