Loan Acquisition Corporation

Loan Acquisition Corporation, an affiliate of Beal Bank and
Beal Bank USA, is an aggressive, competitive buyer of individual loans
and loan portfolios, and has earned a reputation as one of the largest buyers in the secondary market (excluding prime residential loans).

Since mid-2000, Loan Acquisition Corporation has successfully acquired more than $5 billion in loans from diverse sellers, including the FDIC, the Small Business Administration (SBA), and institutional and private sellers. Our broad scope has afforded us the flexibility to work internationally, with receivables outside the United States totaling more than $500 million.

Approach to Acquisitions

We take an aggressive and detailed approach to risk assessment and pricing transactions. Our assessment includes a strong focus on the probability of performance, risk-adjusted yields, and collateral valuations as the basis for pricing the transaction.

Loan Acquisition Corporation looks for transactions that make sense from both buyer and seller perspectives. We do not follow market trends, and we will consider purchasing virtually any loan or portfolio of loans.

Acquisitions are completed either through bidding or direct negotiations. Our organizational structure enables us to move very quickly on a confidential basis and, whenever necessary, we can provide firm pricing within three to five business days of initiating discussions.