SBA Lenders · Banks · Special Assets · Workout Teams
Lender Services & Collateral Liquidation
We find it, verify it, value it and sell it. Trusted by a top 5 SBA lender in the U.S.
One Call for the Whole File
From “is it still there?” to the wire at closing.
When a borrower defaults, a lender has two priorities: recover as much value as possible, and make sure the process meets SBA and regulatory standards. Redfield Group handles both, and everything that comes before them.
Location. Condition. Value. Recovery. Whatever the file needs, we go get it.
Top 5
U.S. SBA Lender
One of the five largest SBA lenders in the country sends Redfield to its collateral.
Sometimes to confirm it is still there. Sometimes to value it. Sometimes to sell every piece of it. We work for SBA departments, special assets groups and workout teams at regional and national banks.
What We Do for Lenders
Six Services. One Firm.
Before Default
Collateral Verification
On-site inspections that confirm the assets exist, where they are and what condition they are in, documented for the file.
Any Stage
Appraisals
USPAP compliant appraisals of machinery, equipment, fleets and business assets by GPPA-designated appraisers.
Any Stage
Valuation Opinions
A fast, market-based opinion of value when a credit or workout decision does not need a full report.
At Default
Recovery Strategy
We review the collateral and recommend how to sell it: as a package, piece by piece, or a combination.
Disposition
Equipment & Asset Liquidation
Industrial equipment, business assets, inventory, vehicles and titled assets sold at competitive auction.
Disposition
Commercial Real Estate
Plants, warehouses, commercial buildings and land taken to a national pool of buyers on a fixed date.
Who Stands Behind the Work
Mike Fisher
President, Redfield Group Auctions
Current President of the National Auction Association
Mike Fisher built an industrial company to 130+ employees and sold it before he entered the auction profession. He has owned the kind of collateral your borrowers pledge, and he has spent 25+ years selling it.
Our Approach to Lender Liquidation
Three Outcomes We Work Toward
1
Maximize Recovery
Competition between buyers is what drives the price. An auction creates urgency and puts them on a deadline.
2
Reduce Time to Disposition
No long listing timelines. A sale date goes on the calendar and the assets come off the books.
3
Document the Sale
Transparent pricing and a defensible audit trail: a commercially acceptable sale, on paper.
Assets We Handle
We Work With
Our Process
1
Verify
Asset verification and documentation.
2
Value
Valuation and strategy development.
3
Market
A national marketing campaign.
4
Sell
A competitive auction event.
5
Settle
Settlement and reporting.
Need to Verify, Value or Liquidate Collateral?
Let’s Build a Recovery Strategy for the File
Tell us the borrower’s assets and where they are. We’ll tell you what we can do and how fast.
See appraisals and asset verification
Redfield Group Auctions | Mike Fisher, AL Lic. #1911 | 1044 Sutton Bridge Road, Rainbow City, AL 35906