World Global Financing, Inc. Declares Bankruptcy

| By:

World Global Financing, Inc., a Florida-based merchant cash advance provider, filed for bankruptcy yesterday, according to Chapter 11 documents obtained from the Southern District of Florida.

Company CEO Cyril Eskenazi reported that its assets and liabilities were both between $10 and $50 million. Among the company’s creditors are ACH Capital, LLC, Capital One, Eaglewood funds, MB Financial Bank, the IRS and other tax authorities, WG Financing Inc, WG Funding Trust, Wilmington Savings Fund Society, FSB, several law firms, a mortgage company and more.

You can read the bankruptcy petition here.

Last modified: May 9, 2018

Category: Industry News, merchant cash advance


Home Industry News, merchant cash advance › World Global Financing, Inc. Declares Bankruptcy