Garnet Capital is a financial services company specializing in managing loan portfolio sales and providing valuation services.
Banks and fintechs are increasingly forming partnerships to drive business. The predominant forms of partnership are either joint ventures between banks and fintechs or a bank developing an in-house fintech operation. The track record of each, however, indicates that both partnership paradigms can be challenging. Banks may benefit more from innovative recent methods, such as lending to, or purchasing loans from, existing fintech consumer loan platforms
There is something for everyone at ABS East, which is a testament to our democratic process for selecting speakers that allows everyone to have a voice. Working together with our Investor Advisory Board, which is composed of 18 of the largest and most influential ABS investors, we select only the most high-quality speakers from across the industry. With an expected delegation of over 4,000 structured finance professionals, including more than 2,000 issuers and investors in the ABS market, ABS East is where you go to get deals done.
With momentum building and teams growing in special asset departments across the country, now is the time to join our assembled experts who have toughed it out through the last big cycle and have the scars and stories to prove it. As the only conference that brings together local, regional and international banks, as well as a wide array of sector specialists, this unique meeting provides the ideal venue for education, networking, deal-making and professional development in the Special Asset and SBA space.
This intimate gathering of 125 professionals provides attendees the opportunity to network with other executives, have conversations with policymakers, and receive education on executive-level operations. Garnet is proud to be a sponsor of this event!
Small businesses have always had a harder time securing financing than their larger brethren, but these challenges have grown even worse in recent years. As economic conditions have improved, fledgling firms have been seeking additional capital to invest and expand. While demand for credit from this sector is growing, many banks are reluctant to provide them the financing they need. Where else can they turn?
The compliance environment for debt sales has evolved significantly over the years. Focusing on several material components provides a framework for understanding these developments, including how information security, government agencies’ debt sales guidelines and the types of debt involved, have progressed.
Loan sales can significantly benefit banks and other financial institutions, whether these organizations want to bolster their income by buying portfolios or free themselves up to issue more credit by selling them. However, sellers will need to be familiar with the current compliance environment, which is intricate and constantly evolving. Sales that fail to address and successfully navigate this framework of rules and regulations can run into many different problems...
“In March and mid-April, loan sale advisory firm Garnet Capital Advisors plans to attend two industry conferences in Florida and New York..."
"Attending the DBA has become the critical kick-off to our year," DiPalma said. "This conference brings important industry participants together and the association focuses on how to promote industry best practices and communication in many ways..."
“To work effectively in the new system, one has to understand the parts of the new regulatory apparatus and how they impact the roles of all parties in the debt sales space…”