Foothill Group Subsidiary Finishes $50-Million Deal
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The Foothill Group, a financial services company with executive offices in Agoura Hills and Los Angeles, said its largest subsidiary, Foothill Capital Corp. finished a private placement of bonds worth $50 million. Foothill Capital makes commercial loans that are secured by a borrowing company’s assets. Foothill said it would use the $50 million to help fund additional loan growth.
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