Process & Timeline
A clean, repeatable workflow from tape to close.
We keep the process simple: NDA, tape, pricing, diligence, purchase agreement, and close. Timelines assume a complete submission and responsive diligence support.
Important notes
- Non-binding: Any pricing or feedback provided is non-binding and for discussion purposes only.
- Subject to diligence: Final pricing and purchase are subject to data accuracy, lien verification, and review of supporting documentation.
- Execution: A transaction is only finalized upon a fully executed purchase agreement and agreed closing terms.
1
NDA & initial review
We exchange NDA and confirm the portfolio fits our mandate.
- Class 8, 2020+
- Secured, first lien
- Charged-off / non-performing
- 5+ VINs, UPB ≤ $20mm
2
Data tape submission
Seller provides simplified VIN-level tape and supporting notes.
- VIN, Y/M/M, UPB
- Charge-off date
- Lien position
- Collateral state
3
Initial pricing
We provide a non-binding indication based on tape quality and recoverability.
- Target: 1–2 business days
- Assumptions documented
- Follow-up questions if needed
4
Diligence & verification
We verify liens, data accuracy, and supporting documentation.
- Lien/title confirmation
- Documentation review
- Unit-level exceptions
5
Purchase agreement
We finalize terms, reps, and transfer language in writing.
- Final price and scope
- Closing mechanics
- Chain-of-title expectations
6
Close
We close promptly once diligence is complete and documents are executed.
- Target: 15–30 days
- Depends on tape completeness
- Seller responsiveness matters
Ready to submit?
Start with the intake page. If it fits the mandate, we move quickly.
Non-binding. Subject to diligence and executed purchase agreement.
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