All payments are on time
All covenants met
Garfunkelux was formed in late 2015 following the acquisition of GFKL Group, Germany's largest receivables management business and Lowell Group, the UK's largest debt purchasing and collections business. The merging of the two companies has enabled the company to become one of the leading European players with market leading positions in the UK and Germany. The company's expertise is in debt purchasing, third party collection and business process outsourcing. The company has over 2,300 employees across eleven locations.
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The company currently has no outstanding notes.
Please note as a wiseAlpha member you are not making a loan directly to the corporate borrower. Instead, you are investing in a Participation Note, or “Note”, which corresponds to a senior secured loan investment made through the wiseAlpha platform reflecting the key terms of the specific underlying loan with the borrower.