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Asset
Finance Services
Asset Finance Services ("AFS") is dedicated to assisting community banks
in the management of their loans and assets by focusing on the asset growth or disposition needs of each of its individual bank
partners regardless of size. AFS offers three primary strategic consulting and market execution services:
For
Performing Loans:
AFS identifies, qualifies and arranges
both sales and purchases of performing loans in virtually all asset classes.
AFS serves as a syndication department for banks that lack or do not wish to develop internal resources to buy or sell loans.
For
Non-performing Loans and Assets:
AFS advises banks on the market valuation and discreet disposition of distressed portfolios.
AFS provides access to most relevant investors depending on asset class.
For
Independent & Objective Evaluations:
AFS Risk Mitigation Services ("RMS").
Since many banks are also under capital constraints, it is often not realistic to sell at a deep discount,
nor is it realistic to wait for regulatory assistance or a turnaround in the real estate market.
In situations where the bank is still undecided about a course of action,
RMS strategic consulting services can help to identify the issues and the costs of alternative strategies.
RMS is a cost effective means for a bank to benefit from:
- Loan valuation
and loan review services, coupled with management of downward trending credit migration to help minimize potential downside risk
-
Due diligence services in advance of sales or acquisitions, capital raises, external reviews and audits
- Loan life-cycle
best practices consultancy and plans to enhance credit management
- A focused
approach that concentrates efforts on only those assets that will deliver the greatest
impact – whether that means the highest realizations upon disposition, or identifying loans
that need immediate attention before further deterioration occurs
The objective
and independent counsel offered by AFS has positioned countless banks for success.
By successfully serving numerous community banks, our battle tested secondary market
insight and suggested plans of attack deliver a seasoned course of action unique to a bank’s set of challenges.
Possessing this unambiguous insight empowers a bank with the unique knowledge of how best to proactively deal with its issues.
So, what is the latest mindset of bank executives? Our clients:
- Realize that the stress and asset devaluations should continue for some time to come.
-
Understand that virtually every bank has been impaired
- Remain aware of investment marks, as well as net deposit flow
- Realize that it’s finally time to create and implement a course of action
- Seek advice and counsel from trusted, independent and objective resources like AFS
For a bank that is looking to add or sell assets,
diversify or modify its asset product mix, fund a lending opportunity, reduce its non-performing assets or address a broad array
of other needs, the
Asset Finance Services team
will provide professional counseling and services tailored to your specific objectives and requirements.
What
Can AFS Do For You?
AFS provides our clients with timely and relevant market guidance and deal execution in a straightforward, discreet, clear, and professional manner.
Additionally, we keep our client banks current on market happenings via periodic product alerts and
Today's AFS Market Overview newsletter.
Are you positioning your bank to compete from a position
of strength in today's marketplace? Click here for a quick
self
diagnosis.
For a bank seeking to reduce its non-performing assets,
add seasoned performing loans or gain objective strategic insight on its competitive position,
the Asset Finance Services team will provide professional counseling and services tailored to your specific objectives and
requirements. If you would like to learn more about how Asset Finance Services can become your private loan trading resource of
choice, please fill out this brief questionnaire.
For
additional information, please contact:
Ken Segal
Senior Vice President & Director of Asset Finance Services
781-631-2227
ksegal@howebarnes.com
Levi Richardson
Vice President
Asset Finance Services
401-941-0985
lrichardson@howebarnes.com
Member SIPC
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Barnes Hoefer & Arnett, Inc. ©2006 All Rights Reserved.
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