Services for Banks

As a bank trying to deal with the problem of notes backed by real estate that are sub or non-performing, your options are pretty limited.  You can try to sell them in a pool to the hedge fund sharks that are always calling and offering twenty cents on the dollar. Or you might be able to sell them with still performing loans individually to other banks or a select list of highly qualified investors, but again, at a terrible discount.

Finally, the FDIC may be giving you little time or choice by mandating a higher capitalization requirement, changing the allowable asset limits in loan classification categories and by telling you that despite published capitalization guidelines, you only have 90 days to comply or the FDIC will ‘assist’ you in finding a buyer for the bank’s assets.

None of these are very appealing options for the bank note holder looking to get a fair price for any distressed debt they might be carrying.  We at Commercial Note Brokers (CNB) agree with that and have a better solution to the problem.

By bringing together potential buyers with the sellers of distressed debt, we can offer the banks the option to ‘cherry pick’ their portfolio for the distressed commercial notes that they actually want to sell.  This way, as bankers, you can preserve the customer relationships that you want and need to preserve, while still protecting your bank investors and owners and repositioning the bank to move forward.

CNB’s managers have very strong track records with commercial real estate and online marketing that allow us to put the notes for sale in front of more qualified potential buyers than anyone else.  By utilizing the internet, SEO and social media, we are able to discretely bring qualified buyers to you which enables you to get the most money for your distressed real estate backed debt in the shortest time possible.