Midwest Asset Acceptance Group offers contract loan servicing for a wide range of asset types, with a focus on performing, subperforming and nonperforming commercial loans. This service allows financial institutions and investors to leverage Midwest’s expertise in order to improve performance and control costs related to the management of credit intensive assets. The benefits of engaging Midwest for loan servicing include:
Access to in-house team of experts with extensive experience in deploying the full range of available strategies to mitigate losses and maximize recoveries from problem loans and other credit intensive assets
Reduction of the overhead cost and opportunity cost of maintaining a workout or special assets department to manage problem assets
Proven and scalable servicing platform allows quick ramp-up and response times for new assets or portfolios
Customized reporting and analysis for managed assets allows for superior portfolio monitoring, budgeting and valuation
Incentive based cost structures are available to tie the cost of Midwest’s services to the overall performance of the managed portfolio
Contact us to receive more information regarding the available options for Loan Servicing provided by Midwest Asset Acceptance Group.
