GARDEN CITY, NY / ACCESSWIRE / September 15, 2020 / FAVO Realty Inc. (OTC PINK:FAVO) FAVO Realty Inc. which announced its name change to FAVO Capital, Inc last month, pending regulatory approvals is pleased to announce that the Company has added Paul Norman to serve as Chief Financial Officer (CFO) of FAVO Capital's Funding Division.
In Mr. Norman's career, he has served as CFO/CEO of Clout Financial Services, CFO of Pay-O-Matic and more recently as CFO of Reliant Funding. Prior to getting into the middle markets funding, he spent almost two decades at JP Morgan Chase and Citigroup.
Vincent Napolitano, CEO, stated, 'We are extremely fortunate to have Paul Norman join our Senior Executive Team. He brings over 35 years of experience in Financial and Operations Management and is uniquely qualified to help us grow our funding business. We couldn't be more excited to work with him.'
Mr. Napolitano added 'We will also be launching our new corporate website under www.favocap.com in the coming weeks.'
More About FAVO Realty Inc. / Pending Name Change to FAVO Capital, Inc.:
FAVO CAPITAL is a Direct Funding Company, which provides customized, short-term funding to small and mid-sized businesses nationwide. FAVO Realty is a Real Estate Investment Company which invests in a diversified portfolio of quality commercial real estate properties throughout the United States. 'FAVO' is 'Honeycomb' in Latin - The Honeycomb (Hexagon) is the most efficient shape in the universe. FAVO Realty Inc. intends to be Efficient, Flexible & Durable. www.favogrp.com
More About FAVO Group, LLC:
FAVO GROUP, LLC is the External Manager of FAVO Realty Inc. (FAVO - OTC PINK). They were founded by a Group of Capital Market, Finance, Real Estate and Business professionals with over 100 years of collective experience and have transacted in over $6 billion of related transactions. www.favogrp.com
Safe Harbor/Forward-Looking Statements
This press release contains certain forward-looking statements including, but not limited to, statements, estimates, and projections of future trends and of the anticipated future performance constitute 'forward-looking statements' within the meaning of section 27A of the Securities Act of 1933, as amended, including, without limitation, statements regarding the Series' expectations, beliefs, or future strategies that are signified by the words 'expects,' 'anticipates,' 'intends,' 'believes,' or similar language. These forward-looking statements concern the Company's operations, economic performance and financial condition and are based largely on the Company's beliefs and expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results may differ materially from expected results. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date of this press release FAVO Realty, Inc and its Management Team expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements, unless specifically required by law or regulation
SOURCE: FAVO Realty, Inc and FAVO Group, LLC
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