{"id":1713,"date":"2022-06-28T15:30:39","date_gmt":"2022-06-28T05:30:39","guid":{"rendered":"https:\/\/equityand.co\/?page_id=1713"},"modified":"2022-09-27T12:03:09","modified_gmt":"2022-09-27T02:03:09","slug":"acquisition-of-non-performing-loans","status":"publish","type":"page","link":"https:\/\/equityand.co\/acquisition-of-non-performing-loans\/","title":{"rendered":"Acquisition of Non Performing Loans"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1713\" class=\"elementor elementor-1713\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-700e5586 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"700e5586\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2dc3c4ba\" data-id=\"2dc3c4ba\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4ef2b781 elementor-widget elementor-widget-heading\" data-id=\"4ef2b781\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Acquisition of non performing loans<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-02b29ed elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"02b29ed\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-10f5bb5\" data-id=\"10f5bb5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-ef371ee elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ef371ee\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-f8d0d78 elementor-hidden-tablet elementor-hidden-mobile\" data-id=\"f8d0d78\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fb9621d elementor-widget elementor-widget-image\" data-id=\"fb9621d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"44\" height=\"450\" src=\"https:\/\/equityand.co\/wp-content\/uploads\/2022\/09\/vertical-line-1.png\" class=\"attachment-full size-full wp-image-3484\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-551978a\" data-id=\"551978a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e49029e elementor-widget elementor-widget-heading\" data-id=\"e49029e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is an Acquisition of a Non Performing Loan?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3dc08c7 elementor-widget elementor-widget-text-editor\" data-id=\"3dc08c7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Generally, in the market, Managed Investment Schemes and second tier lenders have obligations to report their non-performing loans to the Australian Securities and Investment Commission (ASIC) as well as to their investors. These obligations fall within the legislation for reporting net tangible assets (NTA&#8217;s) to government authorities. This has brought opportunity to Equity &amp; Co to develop lending products for non-banks to solve insolvency issues due to these circumstances arising where the lender is in default of its obligations because the borrower is in default with the lender.<\/p><p>Equity &amp; Co brings a pioneering opportunity to allow discounts to a potential corporate borrower due to the fact that a first mortgagee will sell its loan at a discount to allow Equity &amp; Co to buy its security and take the non-performing loan back into a performing loan by selling its security.<\/p><p>The legal mechanism of dealing with a non-performing loan is by a deed of assignment by debt and security.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-12213f9\" data-id=\"12213f9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8d3ebf4 elementor-flip-box--effect-fade elementor-widget elementor-widget-flip-box\" data-id=\"8d3ebf4\" data-element_type=\"widget\" data-widget_type=\"flip-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-flip-box\" tabindex=\"0\">\n\t\t\t<div class=\"elementor-flip-box__layer elementor-flip-box__front\">\n\t\t\t\t<div class=\"elementor-flip-box__layer__overlay\">\n\t\t\t\t\t<div class=\"elementor-flip-box__layer__inner\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper elementor-view-default\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-icon\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"elementor-flip-box__layer elementor-flip-box__back\">\n\t\t\t<div class=\"elementor-flip-box__layer__overlay\">\n\t\t\t\t<div class=\"elementor-flip-box__layer__inner\">\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Acquisition of non performing loans What is an Acquisition of a Non Performing Loan? Generally, in the market, Managed Investment Schemes and second tier lenders have obligations to report their non-performing loans to the Australian Securities and Investment Commission (ASIC) as well as to their investors. These obligations fall within the legislation for reporting net [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/equityand.co\/wp-json\/wp\/v2\/pages\/1713"}],"collection":[{"href":"https:\/\/equityand.co\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/equityand.co\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/equityand.co\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/equityand.co\/wp-json\/wp\/v2\/comments?post=1713"}],"version-history":[{"count":0,"href":"https:\/\/equityand.co\/wp-json\/wp\/v2\/pages\/1713\/revisions"}],"wp:attachment":[{"href":"https:\/\/equityand.co\/wp-json\/wp\/v2\/media?parent=1713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}