GWG Holdings (GWGH) Misses Q4 EPS by 7c
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GWG Holdings Reports Fourth Quarter and Full Year 2015 Financial Results
March 8, 2016 8:15 AM ESTMINNEAPOLIS, March 08, 2016 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (NASDAQ: GWGH) (GWG or the Company), a specialty finance company and a leader in the life insurance secondary market today announced its financial results for the fourth quarter and full year ended December 31, 2015.
Highlights:
For the Three Months Ended December 31, 2015
Raised $41.9 million in capital from the sale of the Companys $1 billion L Bond offeringBecame effective with the Companys $100 million Redeemable Preferred Stock offeringGrew the Companys... MoreGWG Expands Into Merchant Cash Advance Market
March 4, 2016 4:05 PM ESTMINNEAPOLIS, March 04, 2016 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (NASDAQ: GWGH) (GWG or the Company), a specialty finance company and a leader in the life insurance secondary market, today announced its expansion into the merchant cash advance arena with the acquisition and formation of subsidiary GWG MCA Capital, Inc. (GWG Merchant Cash Advance).
New York-based GWG Merchant Cash Advance provides capital to small businesses nationwide, filling a significant gap in the market for small business funding created by the increased capital and regulatory burdens of traditional lenders.
GWG... More
