Huntington National Corporation and its wholly owned subsidiary, Huntington National Credit Corporation (collectively, "Huntington") are specialty financial services companies in the business of purchasing and resolving performing, sub-performing and non-performing loans originated by commercial banks and other financial institutions. Loans are purchased at a discount to their legal principal balance. Huntington was established in 2003 and has purchased assets from 9 different institutions and the Federal Deposit Insurance Corporation.

 

Investment Amount: Huntington focuses on purchasing whole loan relationships with face amounts in the range of $25,000 to $500,000. Purchases are normally considered as part of larger pools. Individual asset purchases are also considered.

Asset Classes: Huntington concentrates on secured commercial loans and real estate loans. Consumer loans and unsecured loans are considered only on a case-by-case basis.

Asset Quality:  Performing, sub-performing and non-performing loans.

Primary Collateral:  Business assets (accounts receivable, inventory, equipment and other assets) and/or real estate.

Borrower and Collateral Location:  United States only (all 50 states).

 


For more information, please contact:

Kent W. Dahl
President

Huntington National Corporation
2625 Townsgate Road, Suite 330
Westlake Village, California 91361


805-496-7010
805-496-7073 Fax
kdahl@huntingtonnational.com