VION Receivable Investments (VION) announces the acquisition of a land division portfolio of a Fortune 500 finance company.  The sale of the portfolio enables the seller to divest non-core interests for immediate liquidity, and establishes a market position for VION in real estate backed investments.

“This land-based transaction for VION is a perfect fit for our unique business model,” stated Stacey Schacter, CEO of VION.  “Our model requires diversification across many industries to allow us to take advantage of a value based approach to investing.  As markets constantly change we must stay nimble to change with them and exploit what are often one-off opportunities.”

Larry Curran, VION Executive Vice President added, “This acquisition meets every criterion for a VION investment: a portfolio of performing receivables secured by exceptional assets and managed by exceptional people.  We are delighted to partner with land finance veterans at BTC Capital Partners, LLC on this transaction.”

Randy Stratton, Managing Member of BTC Capital Partners commented, “We are excited to work with our partners VION on this portfolio acquisition, and apply our expertise in this unique asset sector.  This is BTC Capital’s fourth and largest transaction since its founding in June 2010.”

VION Receivable Investments, headquartered in Atlanta, is an international provider of receivable investment services to businesses managing consumer and commercial receivables. VION provides a single, comprehensive source of expertise in receivable financing, purchasing, process consulting, and valuation. For more information, contact Larry L. Curran at (970) 212-4645 or email to lcurran@vioninv.com.


Next Article: How Wal-Mart Can Help FDCPA Defendants Defeat ...

Advertisement