Garnet Capital Advisors Announces Sale of $ 100 Million Consumer Loan
HARRISSON, NY, March 30, 2017 / PRNewswire / – Garnet Capital Advisors, LLC Announces the Launch of a Sale of $ 100 million consumer loans on behalf of the National Credit Union Administration (NCUA).
The portfolio contains approximately 3,500 accounts at all performance levels. Loans are offered in pools for bidding based on performance level.
The data room for due diligence information opened the week of March 20, 2017. The NCUA simultaneously provides an on-site file review for qualified bidders in Austin, TX. Offers are due on April 11, 2017.
According to Lou DiPalma, Managing Partner at Garnet Capital, “As with past NCUA sales, Garnet has done an in-depth analysis to reveal the key attributes of the portfolio and expects strong investor interest from value-added buyers in the various asset classes. We look forward to another successful NCUA transaction. “
For more details regarding the offer or to schedule a due diligence appointment, please contact your Garnet representative on 914.909.1000 or visit www.garnetcapital.com.
About Garnet Capital Advisors
Sherri Feldman: 914-909-1000 or [emailÂ protected]
This content was posted through the press release distribution service at Newswire.com. For more information visit: http://www.newswire.com
SOURCE Garnet Capital Advisors