Hoist Finance
Hoist Finance is a European financial services company that specializes in purchasing and managing non-performing loans (NPLs) from banks and financial institutions. Based in Sweden, Hoist Finance focuses on helping financial institutions reduce their balance sheets by acquiring distressed debt and managing the collections process. The company operates across several European countries and provides tailored debt restructuring solutions to individuals and businesses, allowing banks to improve their capital positions.
Example
Hoist Finance acquires a portfolio of non-performing loans from a major European bank, taking over the responsibility for managing and collecting outstanding debts.
Key points
• Specializes in purchasing and managing non-performing loans (NPLs).
• Operates across Europe, helping banks reduce their balance sheets.
• Provides debt restructuring solutions to businesses and individuals.