Join Our Certified Buyer Network
Access to ready-to-bid loan portfolios starts with becoming a certified member of the EverChain Debt Buyer Network. The most rigorous compliance review in the industry ensures your only competing for deals with compliance peers. Imagine buying from 25 lenders and only having one audit. Our debt buyer certification and ongoing oversight process ensure sellers who have and haven’t sold before can do so with confidence and peace of mind. Once you’re certified, you can start to browse listed portfolios.
Because debt buyer licensing requirements vary by state and due to the nature of the creditors EverChain works with, every member of our Certified Debt Buyer Network must meet the below minimum requirements as well as passing our Debt Buyer Certification process:
- Licensed in at least 25 states
- Have a minimum of $1,000,000 in E & O Insurance
- Have at least $500,000 open to buy annually
If you meet these minimum qualifications, please visit the Becoming a Debt Buyer page on our website or email email@example.com. Otherwise, you can find a lot of great information on buying debt at the Receivables Management Association International’s website – www.rmaintl.org.
We sat down with EverChain's AVP of Business Development, Nicholas (Nick) Wheeler, who joined our [...]
Listen to the Interview.The debt buying process is one that has traditionally been highly manual [...]