Diversified Financial Services
Company Overview of General Credit Corp.
General Credit Corporation provides working capital financing to its customers through the discounted purchase of checks (check factoring); and through its subsidiary, Rapidpay Corporation, credit card sales slips. The company provides these services generally on a non-recourse basis with respect to its customers except to the extent of forged signatures on and stop payments of the purchased checks and credit card sales slips. Its customers include small and medium-sized independent businesses, sewing contractors, wholesale distributors, independent trucking companies, printing companies, converters, healthcare providers, retailers, restaurateurs, insurers, and commercial real estate owners.
370 Lexington Avenue
New York, NY 10017
Key Executives for General Credit Corp.
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Recent Private Companies Transactions
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