Benefits of Selling

Many financial institutions sell their distressed debt for a variety of reasons.  Many prefer to avoid the time and expense required to manage their special assets, others don’t have the resources, some seek immediate recovery income and/or liquidity, and in many instances, sellers determine that a portfolio sale to Square Two Financial is more lucrative than waiting for unpredictable liquidations resulting from their own efforts.   Some institutions choose to sell their assets immediately following charge off date to obtain the best price; others choose to work their accounts for a longer period before selling to Square Two Financial.

Because Square Two Financial specializes in the daily management of liquidating distressed debts, utilizing best practices honed over many years and its own proprietary network of law firms and dedicated agencies, it is in unique position to offer sellers top dollar for their non-performing assets.

Contact us today to learn more about our commercial debt buying programs and even obtain a complimentary quote for your own distressed commercial debt portfolio.

Want more information? Brian Tuite, Executive Vice President and Chief Business Development Officer, wrote an overview of debt sales for the Commercial Lending Review.  To read the article, click here.