Commercial Loan Special Asset Services
When business loan repayment challenges arise, Greater Commercial Lending is here to provide the support to maximize recovery for lenders and investors through commercial loan special asset services. This specialized team serves as an extension of your bank, credit union, or lending institution, ensuring a professional and compliant handling of troubled commercial assets.
What is Commercial Loan Special Asset Services?
Commercial loan special asset services refer to the administration of business loans that have become delinquent or are at risk of default. When a borrower stops making payments, the loan is transferred from the day-to-day commercial loan servicing to a specialty group that focuses on resolving issues and safeguarding the lender’s and investor’s interests.
Delinquent loans can have a significant impact on an institution’s financial health. Our special asset services provide that every resolution is explored to minimize losses and recover value.
Common strategies include:
- Early-stage repayment intervention
- Loan modifications and forbearance
- Collections and foreclosures
- Asset analysis and dispositions
Why Choose GCL for Business Loan Special Asset Services
- Longstanding industry expertise with a commitment to results that are required for each unique situation.
- Proven strategies that are compliant with conventional and government-backed loans.
- Transparent administration with the respective party members involved.
