2502, 2019

Capital Financial Global in Talks to Acquire Affiliated Funding Corporation, Invoice Factoring and Commercial Finance Business

February 25th, 2019|

SALT LAKE CITY, UT--(February 25, 2019) - Capital Financial Global, Inc. (OTC Pink: CFGX), announced today that it has executed a letter of intent to acquire all of the outstanding stock of Affiliated Funding Corporation (“AFC”), an invoice factoring and commercial finance business. The result of the transaction will be that AFC will merge with and into CFGX, and CFGX will be the surviving entity on the closing of the Merger. The closing of the Merger is subject to the execution of a final Agreement and Plan of Merger, and the satisfaction of certain conditions, including approval by [...]

1011, 2017

Capital Financial Global Announces Engagement by Energy Company to Arrange Financing

November 10th, 2017|

SALT LAKE CITY, UT -- (November 10, 2017) -- Capital Financial Global, Inc. (OTC Pink: CFGX), announced today that it has signed an Engagement Agreement to arrange up to $200 million in financing for Empresa Energía Honduras S.A de C.V., in exchange for fees. "We are honored to have been given this assignment,” said Paul Edward Norat, CEO of Capital Financial Global, Inc. “This transaction will be a wonderful segue to the totally under-served South American markets where many very high quality businesses are desiring to tap more fully into the U.S. capital markets. In doing this, we intend to [...]

2403, 2017

Capital Financial Global Announces Letter of Intent for Possible Life Settlement Transaction

March 24th, 2017|

SALT LAKE CITY, UT -- (March 24, 2017) -- Capital Financial Global, Inc. (OTC Pink: CFGX), announced today that it has signed a Letter of Intent to enter into a possible arrangement involving the potential acquisition of cash flows derived from the death benefit payouts from various portfolios of senior life settlement policies. "This marks a clear path to our going-forward business model,” said Paul Edward Norat, CEO of Capital Financial Global, Inc. “We expect big things to come as a result of this agreement. We plan to fundamentally change how the life settlement industry accesses the capital [...]