The Digital Clearinghouse for Distressed Loan Markets

A standardized, compliant B2B marketplace to price, list, and transact non-performing loan portfolios. Expanding across the GCC, South Asia, Europe and the United States.

bad.loans / marketplace

Live marketplace

Filterable list of every active NPL portfolio with live status, face value, and bidder count.

For Banks & Servicers

Offload NPL portfolios

List with structured templates, secure data rooms, and competitive bidding. Reach pre-vetted institutional buyers.

Free up regulatory capital faster
Standardized loan-tape templates
Sealed, open, or hybrid auctions

List a portfolio

For Funds & Investors

Source pre-vetted deal flow

Browse live NPL portfolios across the GCC, South Asia, Europe and the US with transparent pricing intelligence and NDA-gated diligence.

12-model indicative pricing on every portfolio
Three-phase flow: indicative, due diligence, binding
Encrypted messaging with sellers

Explore the marketplace

Not sure which side you are on?Schedule a private demo

What the platform does

Every step of an NPL trade, on one platform.

From the first portfolio upload to post-close hand-off, bad.loans replaces the email-and-spreadsheet workflow with structured, audit-ready primitives.

List

Standardize a portfolio with structured loan-tape templates. The system validates fields, normalises formats and surfaces gaps before the listing goes live.

Price

Twelve pricing models - DCF, Monte Carlo, IFRS 9 ECL, recovery curves, collateral analysis - produce an indicative bid range with a transparent confidence rating.

Gate

NDA-gated data rooms with phase-aware visibility. Sellers control who sees what at each stage; signature evidence is captured for audit.

Auction

Sealed, open, dutch or hybrid auction mechanics. Three-phase flow lets indicative bidders compete for due-diligence access before binding bids.

Communicate

AES-256-GCM encrypted in-app messaging and structured Q&A in the data room. No back-and-forth email; every exchange is logged against the deal.

Settle

Standardised SPA templates, escrow workflow and post-close servicer hand-off. Compliance and audit trail captured end-to-end.

Coverage

One platform for the assets, regions and rules that matter.

An NPL marketplace is only useful if it spans the asset classes banks actually need to dispose of, the jurisdictions investors want exposure to, and the regulatory framework regulators expect.

Asset classes

Pricing across the NPL spectrum

Real estate secured
Residential, commercial, land
Corporate
Senior, mezzanine, syndicated
SME
Secured and unsecured
Retail unsecured
Consumer, auto, credit card
Mixed pools
Multi-asset portfolios with category breakdown

Geographies

Expanding through GCC, United States, Europe and Asia

Saudi Arabia
United Arab Emirates
Bahrain
Qatar
Kuwait
Oman
India
Pakistan
Italy
Greece
Spain
United States

Compliance

Built for institutional and regulatory expectations

SAMA-aligned
Designed for Saudi Central Bank sandbox
Shariah compliance
Self-declared flag, structure metadata, advisory board
KYC / AML
Institutional-only, admin-approved onboarding
Audit trail
Every NDA, bid, message and download logged
Encryption
AES-256-GCM at rest, TLS in transit

$0B+

Target market

Estimated NPL stock across KSA + GCC

Pricing models

DCF, Monte Carlo, IFRS 9 ECL, recovery curves, ...

First

Shariah-ready

NPL marketplace built for KSA from day one

Sandbox

Regulatory positioning

Designed for SAMA / UAE sandbox application

Pre-launch positioning. Target-market and platform-capability metrics, not live transaction volume.

Pricing intelligence

Get an indicative price in seconds.

A bounded approximation of the same engine that prices live portfolios. The full multi-model engine (DCF, Monte Carlo, IFRS 9 ECL, recovery curves, collateral analysis) runs on every authenticated portfolio page.

Face value

Asset type

Collateral coverage60%

Average loan age3 yr

Indicative bid range

33.5%

52.5%

of face

Low 33.5%Mid 43.0%High 52.5%

Low

SAR 167.7M

Mid

SAR 215.0M

High

SAR 262.3M

Confidence: ModerateApproximation - real portfolios use the full 12-model engine.

Who it's for

Built for the three sides of the trade.

For sellers

Free up regulatory capital. Faster.

List a non-performing portfolio with standardized templates and a vetted buyer pool. Run sealed, open, or hybrid auctions. Move quickly without sacrificing process discipline.

Standardized loan-tape templates with automated validation
NDA-gated data rooms with access tiers per phase
Sealed bid integrity until close - prices are revealed only when the phase ends
Audit trail across every bid, NDA, message, and document download

<60 days

Target close window

List a portfolio

Security & compliance

Built institutional-grade from day one.

End-to-end encryption

AES-256-GCM at rest, TLS in transit, encrypted in-app messaging.

KYC / AML onboarding

Institutional-only participation with admin approval workflow.

Audit trail

Every NDA signature, bid, message, and document download is logged.

CSP, HSTS, CSRF

Hardened HTTP headers and CSRF tokens on every mutation.

Shariah-compliant

First-class Shariah flag and structure metadata where it applies.

Sandbox-ready

Designed for SAMA / UAE regulatory sandbox application.

Get on the platform

Apply for institutional access.

Tell us who you are and what you trade. We onboard banks, distressed credit funds, servicers, and advisors. Approval happens within 1-2 business days.

Institutional-only - we verify every account
Pre-launch pilot capacity is limited
Confidential - no public listings without seller consent

Create an account How it works