Alternative Lenders: 3 Ways To Better Navigate Defaults
Alternative lenders compete on sophistication and complexity. They are highly skilled at managing tougher borrowers and structuring deals around less desirable property types, including non-stabilized assets. As a result, non-banks tend to encounter more risks. An experienced outsourcing partner can help support assets if those risks escalate.
When it comes to distressed assets, the strategy alternative lenders choose to manage non-performing loans (NPLs) can make or break outcomes. A resolution-first strategic framework seeks to maximize recovery for all stakeholders by prioritizing collaboration, communication and a comprehensive evaluation of alternatives.
Click on the infographic below to learn three ways alternative lenders can better navigate defaults. For more information on SitusAMC’s full suite of services for alternative lenders, visit our website.
