| Website | gdnauto.com |
| Blog | portfolio.gdnauto... |
| Category | eCommerce |
| Phone | 866-559-4339 |
| Employees | 6 |
| Founded | 1/07 |
| Description | Loan portfolio marketplace |
| Total | $1.25M |
| Seed, 6/07 | $500k |
| Series A, 5/08 Scott Walchek | $750k |
Global Debt Network(GDN) is an online marketplace where financial institutions can buy and sell loan portfolios. GDN’s vision is to bring transparency, data and process standardization and transaction efficiency to broken markets changing the way people deal with and view risk.
Having a transparent secondary marketplace, such as GDN, provides borrowers, lenders and analysts with essential risk information which improves lending decisions and liquidity.
Their customers include retail dealers, banks, credit unions, hedge funds, private equity firms, collections agencies and consumer finance companies. Their technology platform combines a central portfolio listing, online due diligence room, contract negotiation feature and an escrow funding account.
| Website | credlines.com |
| Stage | Beta |
| Launch Date | April 1, 2009 |