The Bank Slate


Clark Street Capital creates platform for selling small loans

Clark Street Capital in Chicago created a platform that helps community banks and other lenders quickly sell small loans.

The firm’s Accelerated Bank Asset Network, which is designed to handle assets and portfolios of $5 million or less, pairs sellers with an established buyer network, according to American Banker. The sales can happen in as little as two weeks.

Clark Street Capital recently completed its first deal, marketing a $2 million multifamily loan.

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