Institutional experience
A senior team with 150+ years of combined sale experience across credit card, auto, mortgage, consumer loans, and educational receivables.
Why NLEX
A pioneer in the loan sale market. Still evolving.
National Loan Exchange has helped financial institutions monetize charged-off and nonperforming portfolios for more than three decades — pairing deep advisory experience with a modern, secure transaction platform.
30+
Years in the market
6,000+
Sales completed
$250B+
In transactions
150+ yrs
Combined leadership experience
Our history
Three decades of building the market
From creating an open market for distressed assets to launching one of the industry's first online auction platforms, NLEX has helped define how loan portfolios are sold.
1980s
An open market for distressed assets
NLEX’s parent company created an open market for distressed assets for the Resolution Trust Corporation—including mortgage loans, leases, consumer loans, student loans, auto loans, and credit card debt.
1993
Representing portfolios for institutions
NLEX began representing portfolios on behalf of financial institutions, giving lenders a way to create liquidity for charged-off assets.
2000
nlex.com launches
NLEX launched nlex.com as an electronic auction platform — pioneering online loan sales and monthly sales for banks, the U.S. government, and other debt holders.
2014
Part of Heritage Global
NLEX was acquired by Heritage Global Inc. (NASDAQ: HGBL), adding the resources and compliance practices of a publicly traded asset-services firm.
Today
Technology-enabled advisory
$250B+ in transactions across 6,000+ sales — now extending into a secure seller portal and modern transaction technology.
What sets us apart
Depth on both sides of the transaction
Market depth
National, state, and regional portfolio sales on behalf of many of the world's top financial institutions across the U.S. and Canada.
Qualified buyer network
A deep network of qualified buyers. Each NLEX buyer completes a robust registration process and qualification review. Buyers are subject to ongoing monitoring and due diligence.
Full transaction support
NLEX considers and advises on every detail from evaluation, market strategy, bid management, contract negotiation, funding, and post-sale support.
Security & compliance
Security first—at every stage. We protect sensitive data with controlled access, enterprise-grade encryption, and secure managed file transfers. Our safeguards are supported by a SOC 2 Type II–examined control environment.
Technology-enabled operations
Secure portal workflows and modern transaction tooling extend NLEX's transaction technology.
Part of something larger
Backed by Heritage Global Inc.
NLEX is a wholly owned subsidiary of Heritage Global Inc. (NASDAQ: HGBL), an asset-services company providing valuation, advisory, and transaction solutions across financial and industrial assets. The relationship gives NLEX clients the backing and compliance discipline of a publicly traded firm.
- Publicly traded — NASDAQ: HGBL
- Industry-leading compliance practices
- Value-added services across the asset lifecycle
Start your conversation with the market's most experienced advisor.
Talk to NLEX about your asset sales needs, or register to become an NLEX buyer.