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News Stories (2 Results) - Portfolio Acquisition

TBF Financial announced it closed a $36 million portfolio of charge-offs in late November through a brokered transaction involving a bank with loans, lines of credit, and equipment leases it wanted to sell quickly.Brett Boehm, principal of TBF... Read Story
December 12, 2012, 07:30 AM

TBF Financial announced this week that it has acquired a commercial small-ticket portfolio from a bank that had $25 million in outstanding charge-offs on leases and loans. TBF was the highest bidder in an auction for this collections project... Read Story
October 10, 2012, 07:49 AM