Portfolio Management
Special Asset Consultations
MBL provides standardized delinquency letters, as well as consultancy for past-due and delinquent loans.
Delinquency and collections consultation, assistance, and services
- Standardized delinquency letters when loans become 30 days, 45 days, and 60 days past due
- Assistance in preparation of customized letters
- Assistance in negotiating loan deferments, restructurings, extensions, or other modifications; making field visits to borrowers’ homes or places of business; negotiating possible workouts, etc.
Troubled debt restructuring and collection efforts
- Identify options for restructuring and assistance in the development of workout plans designed to assist the member business with its repayment obligations
- Review of collateral value and position to determine loan coverage and liquidation options
- Updated financial analysis to determine the financial condition of the member business
Purchase demand kits
Preparation and submission of the necessary paperwork to collect payment of loan guaranties from SBA and other government loan guaranty programs