Making a Market

What do you do with $3.3B in distressed loans? Sell them to highly-specialized users using a complex and secure document repository and an intuitively-easy listing engine, of course.

Avenue helped SCP work with community banks and select national lenders to raise capital quickly by deleveraging unprofitable holdings via specialized e-commerce and technical systems that are FASB- and FDIC-compliant.

By applying e-commerce technology to a previously labor-intensive (and error-prone) process that demanded compiling and sifting through thousands of pages of documentation, the reporting process can be greatly simplified for all parties. Standard templates, secure document storage, and a seamless approval process bring efficiency to transactions and clarity to the entire debt sale process.

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