About

National Loan Exchange, Inc. provides loan sale advisory services, including the facilitation of transactions involving charged-off, nonperforming, and performing asset portfolios. The company assists clients with bid opportunities through online and offline platforms for various asset types such as credit card accounts, consumer loans, and telecommunications receivables. NLEX is a wholly owned subsidiary of Heritage Global Inc. In 1993, NLEX began representing portfolios on behalf of financial institutions to offer new products to its buyers, and to offer an exchange in which lenders could create liquidity for their charged-off assets. NLEX launched nlex.com in 2000 as an electronic auction platform.

National Loan Exchange, Inc. offers the following products and services:
Credit Card Portfolios: Includes traditional, co-branded, commercial, and private label accounts.
Consumer and Commercial Loans: Sale of performing and nonperforming consumer and business loan portfolios.
Telecommunication and Utility Accounts: Charged-off receivables from service providers.
Medical Receivables: Portfolios of healthcare-related debt.
Auto Loans and Deficiencies: Includes leases and charged-off balances.
Student Loans: Includes various types of educational debt.
Overdrafts and Demand Deposit Accounts: Includes negative balance accounts.
Home Loan Notes and Mortgage Deficiencies: Includes residential mortgage-related assets.
NLEX has provided debt buyers with bid opportunities for portfolios on behalf of many of the world's top financial institutions and debt holders.