Join EverChain’s Certified Buyer Network and
gain access to the largest selection of portfolios for sale
anywhere. Scale your purchasing power with the leader
in compliant debt sales.
How Buying with EverChain Works
We’ve detailed each step below. If you have any questions
do not hesitate to contact us.
Join the Certified Buyer Network
Access to ready-to-bid loan portfolios starts with becoming a certified member of the EverChain Buyer Network. The most rigorous compliance review in the industry means you’re only competing for deals with compliance peers. You can also rest assured that you’ll only have to go through the review process once, rather than with each individual seller. Our certification and ongoing oversight processes furthermore ensure new and experienced debt buyers can purchase debt with confidence and peace of mind. Once you’re certified, you can start to browse listed portfolios.
Identify the Right Deal for You
Using advanced filtering tools, you can either search actively listed portfolios or set alerts to be notified when the right deal is available. This enables you to quickly and easily identify portfolios that meet your investment criteria and even compare them to other portfolios.
Analyse and Strategise
Once you have selected a portfolio, you will obtain real-time access to a limited data file, sample loan agreements, payment histories, and a complete seller due diligence survey. In addition, you can quickly and easily review portfolio analysis from major national scoring companies. And best of all, this can be done all on the one platform.
Submit Your Bid
Submitting your bid has never been more straightforward or more secure. Once you have reviewed the portfolio sale packet, you can submit your one-time competitive triple-blind bid. Bidding on the platform using this type of bidding means no one can see your bid until the window has closed. Such integrity is necessary to protect your investments in underwriting and valuation.
Close the Sale
Once a final offer has been accepted, you can review and negotiate contract terms, and then electronically execute the sale agreement. When the deal is complete, you’ll fund the seller directly, which means no escrow or third party involvement, and securely download your purchased portfolio.
Post-Sale Management
Post-sale management is key to a successful purchase. We became industry leaders by providing best-in-class, technology-based solutions to resolve things like buy-back requests, consumer complaints, media requests, and chain of title issues. In addition to this, with EverChain’s cloud-based platform, you can seamlessly communicate with sellers, allowing you to spend more time collecting and less time chasing down loose ends.
How EverChain’s DebtTrader Platform
Works in 2 Minutes
Buying With Confidence
Security, compliance and best practice are central to the EverChain platform.We are proud to have established the highest standards of ethical, regulatory, and legal compliance guidelines that serve to safeguard your investment, your brand, and your bottom line.
SOC2 Type2 Certified
EverChain is SOC2 Type2 certified by cybersecurity expert Coalfire. Our certification galvanizes our commitment to operating in a secure environment, in accordance with the most stringent industry standards.
Data Encryption
Any data handled by EverChain is encrypted in-transit and at-rest using the latest encryption protocols.
Data Masking
Masking Personally Identifiable Information (PII) about consumers data protects them against unintentional disclosure to external and internal users.
Data Collection and Data Erasure
EverChain data collection practices are limited to the data necessary to successfully manage a sale. Post‑sale, EverChain only retains non‑personally identifiable data.
Data Resilience
Encrypted backups are created daily allowing EverChain to recover data in the event of an unforeseen loss.
Data Classification
All data collected and stored by EverChain is classified and controlled to ensure that it is not improperly disclosed, modified, deleted, or rendered unavailable.
Least Privilege Policies
EverChain adheres to minimum access and clean desk policies to ensure that data is only viewed based on business needs or job responsibilities.
We recently began our Partnership with EverChain, and I have been impressed with their transparency and guidance throughout multiple debt sales, with higher than anticipated results. Compliance is a major focus of our company, and the EverChain team’s attention to detail and operational knowledge has resulted in a great business partner. I highly recommend anyone engaging with their operation and we look forward to continued success with our relationship.
Sr. Manager Debt Sales and Third Party
Nationally Recognized Consumer Lender
As a former client, I am confident in saying that EverChain is not only the industry leader, but a pioneer in compliant debt dales.
Retired Chief Recovery SVP
Nationally Recognized Consumer Lender
We have developed a great partnership with EverChain. They are truly passionate and conviction-driven about creating innovative products that help my organization make sound strategic business decisions.
Chief Operations Officer
Nationally Recognized Consumer Lender
I was asked to find coins in the cushions of the couch. I came back with hundred-dollar bills.
Director of Collections
Nationally Recognized Consumer Lender
Ready to Get Started?
Join the numerous businesses who have achieved their debt sellingand buying goals with Ever Chain.