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Full Disclosure Form

Credit Application

Personal Financial Statement

Document Request Form

Broker Application

Pools & Portfolios
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You hear of a pool of commercial leases or loans that might be for sale and you'd like to get a referral fee. We're looking for various type of pools and portfolios:

$300,000 to $20 million
Small, medium or large ticket
Various equipment types

Performing or distressed
Fast closings
Trucks & trailers


Example: Pool of used truck & trailer financings

Equipment: User commercial trucks, 2 to 7 years old
Size: $1 million
Term: 60 Mos.
Structure: 28 months weighted average remaining term

Hurdles to transaction:

  • Small, weak obligors, no recent credit reports
  • Unknown condition of trucks & trailers
  • Declining portfolio performance
  • Incomplete portfolio data from servicer
  • Quick funding required, all of nothing

Reasons for approval:

  • Portfolio owner/services has audited financials
  • Obligor files and titles are in good order
  • Good secondary market for trucks & trailers
  • Sufficient accurate porfolio data

Summary:
We reviewed portfolio data and a sampling of files then estimated the value of the trucks and trailers. We offered to buy the pool at a discount that was acceptable to buyer. We quickly prepared documents and funded the purchase.


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