Lender Relations
Lender tools
- print free equipment comparables for loan files
- view inventory daily for customer lending opportunities
- review current ag, construction and fleet market trends
Supporting our mutual customers
- we gain consent and payout guidance from secured creditors of sellers
- we contact lenders when vetting bidders, revealing lending opportunities
- we mail lenders auction fliers to post for their customers
- lenders frequently refer bidders and sellers to purplewave.com
- we often liquidate troubled credits before they become lender-owned
Lender-owned sales
- lenders save carrying and transportation costs
- we provide transaction-ease and marketing reach
- endorsed vendor of the KS and MO Bankers Associations
Lender Experiences
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Brad H. HarveyOur experience with Purple Wave was nothing short of stellar. As you know, we interviewed many different auction companies, and explored other alternatives for the liquidation of the equipment we held. After much deliberation, we selected Purple Wave. That decision brought us what we believe was the best return possible.
Vice President
Cornerstone Bank - Overland Park, Kansas -
William W. PenkaTo date we have sold small items such as lawn mowers to motorcycles, vehicles, a motor home and even large farm equipment. Each and every time the professionalism and the services that they provide have met or exceeded our expectations.
Vice President
First National Bank - Dighton, Kansas -
Glenn SearsPurple Wave has been a great partner for the bank in terms of selling stressed assets. With the ability to sell those assets, when the occasions arise, to a much larger audience than just our local market. This ensures our customer in receiving the highest value.
Vice President
First State Bank - Plainville, Kansas