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The Business of Non-Performing Commercial & Industrial Loans with David Eden

Updated: January 29th, 2018

What if you could make $10,000 to $100,000 with just a couple of phone calls or an email?

100317-N-5961C-003It might sound absurd but in the world of commercial finance it’s reality. In this interview you’ll hear about how our guest David Eden is able to pay 5 and 6 figure bounties for a simple referral.

While many of us are focused on distressed real property and the mortgage debt behind it the fact is that non-performing consumer credit card debt, non real estate related business debt (commercial and industrial “C&I”) and even automobile debt are all profitable industries unto themselves.

In this interview we had a chance to talk with David Eden who is involved in an area of distressed debt that we don’t talk about much but is ripe with opportunity.

David works in commercial and industrial loans and, more specifically, machinery and equipment.

In this podcast you’ll hear how David has been successful in this niche of distressed debt and some tactics you can use to turn over these profitable opportunities just during the normal course of your business.

Learn how you can earn 5 and 6-figure referral fees, just in your normal course of business, with minimal effort.

Listen Now

https://s3.amazonaws.com/distressedpro-files/podcasts/david_eden_commercial_and_industrial_distressed_debt.mp3

Click here for more information about Utica Leaseco.

David Eden’s LinkedIn Profile

About Brecht Palombo

Brecht is the founder is distresedpro.com. He's been involved in hundreds of non-performing note, REO sales and foreclosures for banks totaling more than $200MM. He's a frequent spear and thought leader in the distressed assets industry.

Comments

  1. Gary G. says

    April 24, 2015 at 4:05 pm

    As Always…Great Opportunity… Thank You Brencht!!!

    Reply
  2. Tyrone Robinson says

    April 24, 2015 at 4:16 pm

    That was a great podcast, can you email me David’s email. I believe I may have some deals for him. Thank you.

    Reply
  3. Al Anzalone says

    April 24, 2015 at 6:34 pm

    Great opportunity,need to get David’s information. Does distressed pro system defines these banks?

    Reply
  4. carlos says

    April 27, 2015 at 2:44 pm

    brecht
    Great information i had a couple of comment will we be able to get david email addy, and what is the name of his company last so I understand correctly is david purchasing the debt or looking to refinance for borrow

    Reply
    • Brecht Palombo says

      April 28, 2015 at 3:37 pm

      Members who are logged in should see David’s info on the page, if not hit up support at distressedpro. If your’e not a member you can download the transcript and his info should be included there. Thanks!

      Reply
  5. James A H says

    March 4, 2016 at 10:44 am

    How would one use BankProspector to find deals for David?

    Reply
    • Support says

      March 7, 2016 at 10:07 am

      Hi James,

      You would be able to do this by searching for C&I loans that fit his criteria using the Advanced Search feature inside of BankProspector.

      If you need help understanding how to use Advanced Search please check out the Advanced Search User Guide article.

      Reply

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