FirstCity Financial Corporation operates in the Short-term business credit sector. FirstCity Financial Corporation (FirstCity) is a specialty financial services company. The Company engages in two business segments: Portfolio Asset Acquisition and Resolution, and Special Situations Platform. In the Portfolio Asset Acquisition and Resolution business, the Company acquires portfolios of performing and non-performing loans and other assets, at a discount to their legal principal balances or appraised values, and services and resolves these assets. Through its Special Situations Platform business, the Company provides investment capital to privately-held, middle-market companies through flexible capital structuring arrangements to generate a risk-adjusted return. These capital investments primarily take the form of senior and junior financing arrangements, but also include direct equity investments and common equity warrants. In our complete report available for purchase the company is compared to: Nicholas Financial Incorporated, Franklin Credit Holding Corporation and Asset Acceptance Capital Corporation.