Triangle

Acquisitions By Region

SMS FINANCIAL HAS ACQUIRED LOANS FROM FINANCIAL INSTITUTIONS RANGING FROM TOP 5 MONEY-CENTER BANKS TO PRIVATELY-HELD COMMUNITY BANKS. EXTENSIVE REFERENCES ARE AVAILABLE UPON REQUEST.

Acquisitions by Year

  • Dec 2020
    West Coast Bank – Business Asset Loans
    $1,300,000
  • Dec 2020
    Northeast Bank – Consumer Loans
    $1,600,000
  • Dec 2020
    Southeast Bank – CRE Loans
    $17,600,00
  • Dec 2020
    National Bank – CRE Loan
    $7,500,000
  • Nov 2020
    Southeast Bank – Agriculture Loan
    $2,700,000
  • Nov 2020
    Northeast Bank – CRE Loan
    $615,000
  • Oct 2020
    Credit Union – Consumer Loans
    $98,400,000
  • Oct 2020
    Southeast Bank – CRE Loan
    $1,000,000
  • Oct 2020
    Midwest Bank – CRE Loan
    $715,000
  • Oct 2020
    Southeast Bank – CRE Loan
    $300,000
  • Sep 2020
    Southeast Bank – CRE Loans
    $3,100,000
  • Sep 2020
    Southeast Bank – CRE Loan
    $24,360,000
  • Sep 2020
    National Bank – Business Asset Loan
    $1,620,000
  • Aug 2020
    Northeast Bank – CRE Loans
    $2,200,000
  • Aug 2020
    Southwestern Bank – CRE Loan
    $356,000
  • Jul 2020
    Southwestern Bank – CRE Loan
    $300,000
  • Jun 2020
    Southeastern Bank – CRE Loan
    $630,000
  • Jun 2020
    Southeastern Bank – Church Loans
    $465,000
  • Jun 2020
    Private Lender – CRE Loan
    $4,000,000
  • May 2020
    National Bank – CRE and Business Asset Loans
    $5,200,000
  • May 2020
    Origination – CRE Loan
    $1,300,000
  • Apr 2020
    Private Lender – CRE Loan
    $2,200,000
  • Apr 2020
    National Bank – Charged Off/Judgments
    $138,500,000
  • Mar 2020
    National Bank – CRE Loans
    $400,000
  • Mar 2020
    Southeastern Bank – Church Loans
    $140,000
  • Mar 2020
    Southwestern Bank – CRE Loan
    $235,000
  • Feb 2020
    National Bank – CRE Loan
    $1,700,000
  • Dec 2019
    Western Regional Bank
    $15,600,000
  • Dec 2019
    West Coast Bank – Business Asset Loans
    $1,100,000
  • Dec 2019
    Southeastern Bank – CRE Loans
    $3,100,000
  • Dec 2019
    National Bank – Business Asset Loans
    $1,200,000
  • Dec 2019
    Southeastern Bank – CRE Loans
    $3,000,000
  • Nov 2019
    Midwest Bank – Church Loan
    $305,000
  • Nov 2019
    Southwestern Bank – CRE Loan
    $850,000
  • Nov 2019
    Northeastern Bank – Judgments
    $3,100,000
  • Oct 2019
    Private Lender – Subperforming SFR Loan
    $3,400,000
  • Sep 2019
    Southeastern Bank – Subperforming SFR Loans
    $495,000
  • Sep 2019
    Northeastern Bank – Judgments, Deficiencies and Charge Offs
    $25,000,000
  • Aug 2019
    West Coast Bank – Subperforming Business Asset Loans
    $9,750,000
  • Jul 2019
    National Bank – Judgments
    $4,100,000
  • Jun 2019
    Southeastern Bank – Subperforming Church Loans
    $700,000
  • Jun 2019
    Southeastern Bank – Subperforming CRE Loan
    $3,600,000
  • Apr 2019
    National Bank – Sub-Prime Auto Loans
    $19,500,000
  • Mar 2019
    West Coast Bank – Charged Off Commercial Loans
    $7,000,000
  • Mar 2019
    National Bank – Mixed Performing Church Loans
    $2,100,000
  • Mar 2019
    California Land
    $6,500,000
  • Mar 2019
    New Jersey School Building
    $3,000,000
  • Mar 2019
    Texas Single Family Home
    $1,250,000