Can a community bank sell a single non-performing loan?

Yes. Loans do not have to be sold in pools. We buy single commercial real estate loans with balances from $250K to $3M.

Is a note sale faster than foreclosure?

Usually. A note sale can close in weeks, while foreclosure in New York, New Jersey and Connecticut goes through the courts and commonly takes many months.

Do you buy performing loans too?

Yes. We buy performing, sub-performing and non-performing commercial notes.

What documents do you need to make an offer?

The balance, collateral details and payment status are enough for initial pricing. We confirm with the note, mortgage, guaranties and servicing history before closing.

Will the borrower know you are reviewing the loan?

Not from us. We keep the review confidential until a sale is agreed.

What if the loan is already in foreclosure?

We can still buy it. The pending action and its status are part of how we price the loan.

For community banks

How a community bank can sell a non-performing commercial real estate loan.

A bank can sell a non-performing commercial real estate loan directly to a buyer, who takes over the note and the collection or foreclosure process. Belcz Group buys single loans with unpaid balances of $250,000 to $3,000,000 in NY, NJ and CT and responds with written pricing within 2 business days.

Note sale, foreclosure or discounted payoff?

Note sale: the bank sells the loan as it stands. The problem leaves the balance sheet at closing, usually in weeks rather than the months a contested foreclosure can take.

Foreclosure: the bank takes the property through the court process, then owns and maintains it as OREO until it sells. That adds time, carrying costs and property risk.

Discounted payoff: the borrower pays less than the balance to retire the loan. It works when the borrower has a real source of funds, often from selling the property. We can be that buyer.

What we need to price a loan

Unpaid principal balance, interest rate and maturity
Collateral address, type and current occupancy
Payment status and where the loan is in default or foreclosure
Note, mortgage, guaranties and any modifications
Recent appraisal, BPO or rent roll if available

Typical timeline

Once we have the basic file, we send written pricing within 2 business days. Loan-level diligence and document review follow, and most sales can close within about 30 days of an agreed price, depending on the bank's approvals.

How it works

Send the information

Share the address or loan description and whatever documents you have. Partial files are fine.

Receive a written offer

We review it directly and send written terms within 2 business days of receiving the information.

Close as-is

Thirty days is typical, faster when title allows, or on your timeline. No financing contingency.

Frequently asked questions

Can a community bank sell a single non-performing loan?: Yes. Loans do not have to be sold in pools. We buy single commercial real estate loans with balances from $250K to $3M.
Is a note sale faster than foreclosure?: Usually. A note sale can close in weeks, while foreclosure in New York, New Jersey and Connecticut goes through the courts and commonly takes many months.
Do you buy performing loans too?: Yes. We buy performing, sub-performing and non-performing commercial notes.
What documents do you need to make an offer?: The balance, collateral details and payment status are enough for initial pricing. We confirm with the note, mortgage, guaranties and servicing history before closing.
Will the borrower know you are reviewing the loan?: Not from us. We keep the review confidential until a sale is agreed.
What if the loan is already in foreclosure?: We can still buy it. The pending action and its status are part of how we price the loan.