New online hub launched for debt buyers and sellers

July 22, 2005 (PRLEAP.COM) Business News
New online hub launched for debt buyers and sellers

National Portfolio Exchange announces a new online service to
facilitate ethical, data-rich sales of distressed debt portfolios.

NEWPORT BEACH, CA — Portfolio 1, Inc. has launched its newest venture National Portfolio Exchange (NPEX.com). NPEX.com is quickly becoming one of the industry’s leading resources for the purchase and liquidation of non-performing receivables. It’s feature-rich community tool, the Portfolio Manager, offers a level of service and disclosure rarely seen in the industry.
NPEX.com strives to provide a safe, secure environment for the exchange, sale and facilitation of distressed debt portfolios. The Portfolio Manager has been custom designed to give the buyer access to pages of real-time reports and statistics on listed portfolios and full use of the Message Center as a secure and private communication tool with the seller. Customers are encouraged to make informed buying decisions and provide, without registration required, a comprehensive Quick-Start Guide that will give even the least technical user the confidence and tools to use the system. In order to protect the integrity of the sale process, all users are required to register and submit to our due diligence process before accessing the Portfolio Manager services.
National Portfolio Exchange helps increase companies bottom line by liquidating distressed debt portfolios with one of our 700 qualified buyers. With over $250 million in transactions since 2004, NPEX is a leader in the industry committed to ethical, excellent service. Owned by Portfolio 1, Inc. NPEX is operated out of its Newport Beach, CA offices.
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For more information, press only:
Greg Alexander, 800-960-6739 x100, info@npex.com

For more information on NPEX: http://www.npex.com