SGI’s acquisition business model focuses on sourcing REO and distressed loan opportunities directly from local community banks, which have been slower to deal with their problem loans, thereby creating an opportunity now.
Direct Approach – SGI Acquisitions Team solicits small/mid-size banks regulated by FDIC on a national basis unlike our competitors who buy assets through intermediaries and focus on larger banks.
Pricing Advantage – Historically, SGI has achieved a discount on price of 20% as compared to larger pools sold through intermediaries.
Nationwide Approach – SGI’s Acquisitions Team solicits banks and sellers throughout the U.S., not just money center institutions.
Deal Size – Because deal size at local and community banks is typically smaller than $10,000,000 on a pooled basis, SGI does not compete with larger, more institutional buyers.