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HPSC, Inc.
60 State Street
Phone: (617) 720-3600p:617 720-3600 Boston, MA  02109  United States Ticker: HDRHDR

This company was Merged or Acquired on 1/12/2004.
This company is no longer actively traded on any major stock exchange.
This is a Subsidiary, click here for the Parent Company

Business Summary
HPSC, Inc. is a specialty finance company engaged primarily in financing licensed healthcare providers throughout the United States. HPSC provides financing, in the form of leases and notes due in installments, to the dental, ophthalmic, chiropractic, optometry, veterinary, podiatry and other medical and healthcare professions. Through its wholly owned subsidiary, American Commercial Finance Corporation (ACFC), the Company also provides asset-based lending to commercial and industrial businesses. New originations at ACFC were discontinued in 2002 and the Company is winding down the portfolio. The Company periodically sells leases and finance agreements in its securitization facilities and to various banks. On December 31, 2002, ACFC sold five revolving loans to a third party. In January 2004, HPSC was acquired by GE Healthcare Financial Services, a provider of capital, financial solutions and related services for the global healthcare industry and a unit of GE Commercial Finance.
(Source: 10-K)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
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Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/200312/31/2002YesYes---

Industries
SIC Code Description
6159 Miscellaneous business credit institutions

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board, Chief Executive Officer John W.Everets 57 7/1/1993 7/1/1993
President, Chief Operating Officer, Director Raymond R.Doherty 57 5/1/1994 12/1/1988

General Information
Number of Employees: 132 (As of 12/31/2002)
Outstanding Shares: 4,313,947 (As of 11/4/2003)
Shareholders: 81
Stock Exchange: AMEX
Federal Tax Id: 42560004
Fax Number: (800) 526-0259
Email Address: hpsc@hpsc.com


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Friday, May 13, 2022