In addition to helping foster liquidity in the secondary market for government guaranteed loans, GovGex.com has emerged as an independent source for real-time secondary market clearing price information -- generated by actual bids from all buyers on GovGex.com.
Saturday, January 31, 2009
Online Loan Exchange GovGex.com Reaches $100 Million Milestone
This milestone, following an 85 percent volume increase in the fourth quarter, indicates a sharp increase in demand for GovGex.com services as sellers seek buyers for government-backed loans. With more than 20 buyers, including broker-dealers registered to assemble SBA pool securities, GovGex.com continues to add more buyers, increasing potential for more bids and higher premiums for sellers facing liquidity challenges.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment