Settlement Capital Corporation Announces Appointment of Chief Financial Officer

Dallas, TX (PRWEB) July 25, 2012 — Settlement Capital Corporation, a leader in structured settlement purchasing, announces the appointment of Mark Hogard as Chief Financial Officer. Settlement Capital helps people who receive structured settlements pay off debt, avoid foreclosure, buy a home or car, or finance education. By selling a structured settlement asset for lump-sum cash, individuals can more quickly improve the quality of their lives versus waiting as they receive monthly or annual settlement payments.

“The addition of Mark Hogard to Settlement Capital comes at a significant milestone in our company’s expansion,” said Debbie Rosen, President and CEO of Settlement Capital. “Our recent renewal and extension of our $50 million credit line through DZ Bank, and Mark’s past relationship with DZ Bank, will continue to position Settlement Capital as a long-standing leader in structured settlement purchasing.”

Hogard, a Certified Public Accountant, comes to Settlement Capital with 25 years of management and financial leadership. Most recently, Hogard was at First Capital in Oklahoma City where he played a key role in its growth from $70 million in assets to $1 billion in assets in just five years. He was also instrumental in obtaining and managing financial relationships with major financial institutions such as Wells Fargo, Merrill Lynch, JP Morgan Chase, DZ Bank, WestLB, Key Bank and others. Hogard’s career has included positions at Southwestern Bank in Oklahoma City, Central Bank & Trust in Fort Worth, and KPMG in Oklahoma City.

On his appointment to CFO, Hogard said “Combining my financial expertise and creativity with the ability to clearly communicate has enabled me to be a strong bottom line producer. I have enjoyed excellent working relationships with colleagues, executive management, directors, auditors, regulators and lenders. Based on my extensive past experience as chief financial officer at other financial institutions I believe it positions me to hit the ground running providing immediate impact to the expansion, growth and strategic development plans for Settlement Capital.”

About Settlement Capital Corporation

Settlement Capital Corporation is a Dallas, Texas based purchaser of structured settlement payments. The company offers its customers cash for payments and was formed in 1989. Settlement Capital has provided lump sums of cash in exchange for future periodic settlement payments to customers all over the country. Settlement Capital was a founder of the National Association of Settlement Purchasers (NASP), and led the effort in Congress and the states to enact Structured Settlement Protection Acts, ensuring consumers’ fair access to this important asset. Visit Settlement Capital on the web for more information at http://www.settle4cash.com.

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