Reinventing the Way Lenders Manage Nonperforming Loans
Leverage the power of a complete platform and the reach of our Certified Buyer Network. Rely on our team of compliance experts to ensure every sale is done right, every time.
Access the Largest Network of Certified Debt Buyers
EverChain’s Certified Buyer Network is not only the largest, but also the most compliant and competitive buyer network in the industry.
Unparalleled Compliance and Oversight
EverChain’s technology platform uses code-driven compliance to protect your consumers, your brand and your bottom line.
Your Complete Debt Sale Management Solution
EverChain’s debt sale and post-sale management platform give you the tools and transparency to maintain control of your sold accounts.
As a leader in the industry, you understand the value of selling debt, and the importance of doing it compliantly. When it comes to selecting a recovery partner, you don’t trust just anyone. You require the experience, expertise, quality and complete transparency of an end-to-end solution that encompasses both the pre- and post-sale process. That’s why creditors like you partner with EverChain. Schedule your demo to learn more today.Schedule a Demo
How Selling Debt with EverChain Works
We’ve detailed each step below. Please contact us with questions.
Our goal is to develop targeted strategies for your portfolio sales and post-sale management. From analytics and valuation to portfolio marketing, alongside pre-sale due diligence and post-sale compliance, the EverChain platform is the most comprehensive debt sales solution in the market.
Ready to List!
Securely upload your portfolio to the EverChain platform using either a standardized API or a pre-mapped custom template. To protect you and your customers, all Personal Identifiable Information (PII) is automatically masked by our platform at upload. Next, our platform flags critical errors and warnings, making file clean up a snap. Once your review is complete, you can use our portfolio scrub tool to remove ineligible accounts – a process that takes minutes and saves countless post-sale hours. After being scrubbed, your portfolio file is ready for auction!
Ready for Auction!
Once your portfolio is masked and scrubbed, it is ready for us to begin marketing it to EverChain’s pre-vetted buyer network. Customize your audience by establishing specific buyer criteria, and qualified buyers will begin securely underwriting and submitting their bids.
Review Buyers and Bids
Choosing the right buyer is more than simply accepting the highest price. Compliance is a vital part of the bid selection process. The second the auction closes, EverChain gives you everything you need to choose the right buyer for your portfolio. On our platform, you can review buyer’s bids, terms of agreement, buyer/agency complaint ratio, buyer/agency complaint trends, and even download a complete due-diligence packet, all in real-time.
After selecting a buyer, electronically negotiate and execute portfolio sale agreements. Once agreements are mutually executed, you’ll seamlessly receive funding from the buyer directly into your account. You can confirm funds and release the sale file securely all on the EverChain platform.
EverChain advisors are with you for the life of each portfolio sold. We became industry leaders by providing outstanding post-sale management, including technology-based solutions to resolve buy back requests, consumer complaints, media requests, chain of title issues, and agency placements. We are the receivables industry’s only end-to-end solution, with access to real-time data and oversight tools before, during, and after the sale.
Selling with Confidence
Security, compliance, and best practice are central to EverChain
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.
SOC 2 Type II Certified
EverChain is SOC 2 Type II certified by cybersecurity expert Coalfire. Our certification galvanizes our commitment to operating in a secure environment, in accordance with the most stringent industry standards.
Any data handled by EverChain is encrypted in-transit and at-rest using the latest encryption
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.
Encrypted backups are created daily allowing EverChain to recover data in the event of an
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.