Western Financial Capital Corp. is part of PMC Commercial Trust. The company's principal activity is to originate loans to small business enterprises and own limited service hospitality properties. The company operates in two business segments that include a lending division and a property division. The lending division originates loans receivable to small business primarily in the hospitality industry. These loans are primarily collateralized by first liens on real estate of the related business. The property division owns hotel properties. The company also originates loans to commercial real estate primarily in the service, retail, multifamily and manufacturing industries. The lending division typically accounts for nearly 65 percent of revenues while the property division accounts for more than 35 percent. Western Financial Capital is located in Dallas.
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