First Fractional Funding Closing Their Doors?

The buzz today at the Ragatz Associates Fractional Interest Conference in San Francisco was that First Fractional Funding will be closing their doors. Last year First Fractional Funding wrote over $100m USD in loans, and not one single loan has been in default. However, the bank seems to be just pulling in the reins on this “alternative” financial product for now.

More to come…