(PRWEB) March 19, 2012
Global Financial & Remarketing Services, LLC, an equipment leasing and alternative financial solutions firm, is pleased to announce that GFRS Equipment Leasing Fund II has been approved by Depository Trust Clearing Corporation (DTCC). This approval provides wealth management advisors and non-affiliated registered investment advisors (RIAs) the ability to place GFRS Fund II into their clients’ investment portfolios.
Depository Trust Clearing Corporation, through its subsidiaries, provides clearing, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with their distribution networks.
Founded in 2009, Global Financial and Remarketing Services is an equipment leasing and alternative financial services company that serves small and mid-size businesses by offering a hybrid of financial solutions to meet growing business needs. GFRS serves a broad spectrum of industries including the medical, telecommunications, I.T., manufacturing and energy-related sectors. According to the National Federation of Independent Business, a recent study shows that only half of small businesses attempting to borrow funds are able to obtain the capital they need. Nearly 25% are unable to receive any credit at all. At GFRS, we pride ourselves on addressing this need through personal service, quick turnaround time on funding decisions and the understanding that a business is more than its credit rating. Other services offered include structured finance and debt & equity placement for publicly and privately held companies.