AMRESCO Commercial Finance, LLC ("AMRESCO"),
headquartered in Boise, Idaho, has been in the commercial
loan servicing business for over 25 years. During this time,
AMRESCO has been responsible for
servicing over $3.5 billion of commercial loans in all 50
states for banks, hedge funds, insurance companies, specialty
finance companies and other portfolio lenders. Many
of the loans serviced by AMRESCO
have been securitized through Rule 144-A transactions. AMRESCO
also provides special
servicing, back-up
servicing, private-label
servicing and asset
management for our clients.
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AMRESCO provides loan servicing for
performing, non-performing and sub-performing commercial loans of
all types, including, senior secured loans, revolving lines of credit,
loan participations, subordinated loans, unsecured loans and mezzanine
debt. AMRESCO services loans in all
industry sectors, including, commercial, industrial, retail
and residential. AMRESCO has
extensive experience servicing a diverse portfolio of commercial
loans, including loans secured by commercial land developments,
residential land developments, raw land, office buildings, hotels,
motels, apartment buildings, assisted living care facilities, trailer
parks, franchised and non-branded restaurants, convenience stores,
health clubs, car dealerships, car washes, funeral homes and automotive
service centers, just to name a few.
AMRESCO's Master Servicing Department has broad experience in invoicing, automated clearing house ("ACH") payment administration, cash management, payoff calculations, escrow and reserve account management, investor reporting, tax, insurance and UCC tracking and administration, financial reporting and loan covenant compliance, loan assumptions, collateral swaps and lien releases.
AMRESCO's Special
Servicing Department specializes in servicing and providing
asset management services for non-performing, sub-performing and
other troubled loans as well as real estate owned ("REO")
properties throughout the United States. Over the years, AMRESCO
has built a superb team of asset managers, attorneys and other professionals
with extensive nationwide experience in the management, resolution
and disposition of troubled loans and REO properties
of all types. AMRESCO is dedicated to
out-performing our peers and achieving the highest recovery rates
in the industry.
AMRESCO's Loan
Acquisitions Group: Leveraging off our talented Master
Servicing and Special
Servicing Departments, AMRESCO
established a Loan Acquisition Group to purchase performing, sub-performing
and non-performing secured and unsecured commercial loans directly
from lenders and holders in the secondary market. AMRESCO
will purchase a single loan or pools of commercial loans originated
throughout the United States with principal balances between $1
million to $400 million. AMRESCO purchases
troubled loans of all types, including delinquent loans, defaulted
loans, accelerated loans, those operating under forbearance agreements
or loan modifications, and those in various stages of bankruptcy
or foreclosure. See our Loan
Acquisition Fact Sheet for further details.
As a leading provider of third party servicing and asset management of REO properties to banks, hedge funds, insurance companies, specialty finance companies, trustees and other portfolio lenders, AMRESCO provides the following services at reasonable prices:
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