Garnet Capital is a financial services company specializing in managing loan portfolio sales and providing valuation services.
Bank mergers have become something of a trend over recent years, and more mergers are likely. As such, a clean balance sheet makes a merger easier, prompting banks to clean their balance sheet now while prices are still high.
The Receivables Management Association International's 2020 Annual Conference is the premier event for the receivables management industry. Debt buyers, originating creditors, collection agencies, law firms, brokers, and affiliates gather for three days of industry education and regulatory updates, networking, and business opportunities.
RMA Magazine Article, November 2018
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.