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HSBC Finance Corp
1421 West Shure Drive
Suite 100
Phone: (224) 880-7000p:224 880-7000 Arlington Heights, IL  60004  United States Fax: (302) 655-5049f:302 655-5049

This is a Subsidiary, click here for the Parent Company

Business Summary
HSBC Finance Corporation is a holding company. The Company operates through Consumer segment, which consists of the run-off real estate secured receivable portfolio. The Consumer segment consists of its run-off Consumer Lending and Mortgage Services businesses. The Company is an indirect subsidiary of HSBC North America Holdings Inc. (HSBC North America). The Company provides lending products to consumers in the United States. The Company's primary sources of funding are proceeds from sales of pools of real estate secured receivables, liquidation of short-term investments, borrowings from affiliates, cash generated from operations, including receivable payments and pay-offs, and real estate owned (REO) sales proceeds. The Company conducts or supports its operations from additional facilities in Brandon and Tampa, Florida; Elmhurst and Vernon Hills, Illinois; New Castle, Delaware, and Monterey. The Consumer segment provided real estate secured and personal non-credit card loans.
(Source: 10-K)

Scores and Ratings
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Financials, News and Filings
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Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board Patrick J.Burke 57 1/1/2014 7/1/2006
Chief Executive Officer KathrynMadison 54 9/1/2014 7/31/2009
Chief Financial Officer, Executive Vice President Michael A.Reeves 53 5/1/2010 5/1/2010
11 additional Officers and Directors records available in full report.

Business Names
Business Name
Beneficial Company LLC
Beneficial Consumer Discount Company
Beneficial Credit Services of Maine
56 additional Business Names available in full report.

General Information
Number of Employees: 1,200 (As of 12/31/2016)
Outstanding Shares: 68 (As of 9/30/2017)
Shareholders: 16,393
Federal Tax Id: 861052062
Fax Number: (302) 655-5049


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