Buy Defaulted Loan Portfolios Securely
Easily access and purchase debt portfolios from a wide range of reputable UK creditors.
Why Get EverChain Certified?
Joining the EverChain UK Certified Network means that debt purchasers gain access to a wide selection of debt portfolios, from various trusted UK creditors. And with our standardised compliance and due diligence checks, creditors will automatically know that the debt buyers in our network are reputable.
Debt buyers will be notified when new portfolios are added to the network which meet their purchasing preferences and requirements. They can also enjoy seamless debt sale transactions and a comprehensive post-sale experience.
Triple Blind Bidding
Here at EverChain UK, we offer a level playing field to our buyers. As we have a triple blind bidding process, things like the size or eminence of a debt purchaser won’t be an unconscious factor when creditors agree to a sale. All bids are kept private and confidential.
So that buyers can make informed decisions about auction bids, they’ll have access to detailed portfolio stratification reports, as well as seller due diligence. Essentially, EverChain UK providers debt purchasers everything they need to assess and form judgement on individual debt portfolios.
Quick and Compliant Debt Sale
When a debt buyer joins the EverChain UK Certified Network, because they don’t need to complete due diligence for every lender, the debt sale process is much more streamlined. As members of our Certified Network have already undergone a complete compliance review, the deal process can move forward quickly and efficiently.
Deals which are concluded via our platform have been found to typically take half the time of a traditional sale, from listing to closing. Such expediency increases the efficiency of the debt sale process and allows buyers and sellers to concentrate on their next steps, rather than the transaction itself.
The Debt Buying Process
Here at EverChain UK, we’ve worked hard to simplify the debt purchasing process. There are only a few steps to take for debt purchasers to gain access to a wide range of debt portfolios, whilst minimising due diligence efforts.
EverChain UK’s five step process for debt purchasing are as follows:
