Direct principal buyer

We buy the loans your
workout team is tired of.

Fundstra Consulting purchases non-performing and sub-performing whole loans directly from community banks and credit unions. One buyer, one decision-maker, cash close, on your loan sale agreement.

Why banks sell to us

Selling a distressed loan should be the easy part of the quarter. Most of the friction our sellers describe has little to do with price — it is the number of parties, the number of re-trades, and the question of what happens to the borrower after the wire clears.

We are the buyer

Not a broker shopping your tape to a list. The person who reviews the file is the person who signs. No syndicate, no assignment of the contract to an unnamed third party.

We bid what we close at

Our indicative bid is based on the tape you send. If diligence turns up something material we tell you what and why. We do not use diligence as a re-trade tool.

Borrowers get worked, not dumped

We resolve files by agreement — usually a funded exit or a discounted payoff, sometimes a modification — and treat a contested foreclosure as the last tool, not the plan. That matters for your reputation in a market you still lend in. See our approach.

The short version

What we buy: Non-performing and sub-performing whole loans — commercial real estate, C&I, construction and land development, residential, agricultural and business paper. Single assets and small pools.
Size: Single loans from roughly $50,000 UPB through small pools. We are not too small for one asset, which is usually the problem banks run into.
Geography: Nationwide, all fifty states.
Structure: Cash. Whole loan, servicing released, on your loan sale agreement. No financing contingency.
Confidentiality: NDA before any file or tape changes hands, every time, without being asked.
Timing: Indicative bid typically within a week of a usable tape. Close as fast as your documentation and file delivery allow.

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Who we are

Fundstra Consulting LLC is a private principal based in Clearwater, Florida. We buy whole loans for our own account. Andre Hennig is the principal and is the person you deal with from first call through closing — there is no relationship manager who hands you off to an acquisitions desk.

We are deliberately small. That is a limitation on the size of pool we can absorb, and an advantage on everything else: you get an answer in days rather than after a committee cycle, and the answer comes from someone who has read the file.