Fasthold Capital, a specialist in structuring the sale of residential, commercial and consumer loan portfolios, has launched a loan advisory service called Settlement Optimization Process (SOP), which is intended to provide a seamless and transparent method for the liquidation of distressed assets.
Fasthold says it designed its SOP in an effort to eliminate common concerns associated with marketing and liquidating distressed assets, as the process creates more visibility for the seller in the pricing of the assets and eradicates any fade in price that might occur from the time the indicative bid is made to the final settlement.
‘With the state of the market today, it is important to offer our customers the most effective and efficient means of liquidating their assets,’ says Michael Castanon, managing partner at Fasthold Capital. ‘One of the biggest concerns our customers face is not having accurate information or experiencing a reduction in price from bid to settlement. Our proven SOP method completely erases those concerns by offering comprehensive market analysis, extensive due diligence and a fail-safe bidding process.’
Source: Fasthold Capital
