Logo
Home  >  Glossary  >  Hoist finance

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.

Quick Answers to Curious Questions

Hoist Finance purchases NPLs from banks, managing the collection and restructuring process to help recover outstanding debts.

By acquiring NPLs, Hoist Finance helps banks reduce their balance sheets, improve liquidity, and focus on core lending activities.

Risks include lower recovery rates, prolonged collection processes, and potential regulatory changes that may affect debt management practices.
scroll top

Register to our Newsletter to always be updated of our latest news!