About us

Hoist Finance is a trusted debt resolution partner to banks, individuals and smaller companies, currently operating in thirteen European countries with 1,300 employees. Our shares are listed on Nasdaq Stockholm since 2015.

Hoist Finance is an asset manager specialised in non-performing loans (NPLs). For more than 25 years, we have focused on investing in and managing debt portfolios and have become one of the leading debt restructuring companies in Europe. We purchase NPLs from our partners, international banks and financial institutions. After purchasing a portfolio, we aim to come to amicable arrangements with our customers by setting up sustainable repayment plans. Apart from helping people to get back on track financially, this also contributes to upholding a sustainable, fair and stable credit market since we help banks to offload their balance sheet, free up resources for their respective core business and meet their regulatory requirements. Hoist Finance’s overall purpose is to contribute to a healthy and inclusive financial ecosystem.

Our story

At Hoist Finance, we generate value for people, companies, shareholders and society as a whole. We are driven by our purpose of leading the way towards a sound economy and are guided in this by our values, describing who we are and how we behave in our day-to-day work. Hoist Finance was first launched in 1994 with the vision “to give somebody a hoist” with their financial challenges. The essence of our business is to help people to financial stability, so it is a fitting company name.

  

“Hoist Finance is a performing credit market company for non-performing loans (NPLs). We have embarked on a journey to become the leading NPL asset management company in Europe for consumer secured and unsecured loans.”

Harry Vranjes, CEO

  

Our role in society

Hoist Finance’s business contributes to an inclusive financial ecosystem. An inclusive financial ecosystem has many advantages for society and the economy as a whole, with a positive impact on economic growth, job opportunities and household income.

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Our business

Hoist Finance offers banks and financial institutions extensive support with debt restructuring solutions by our solid experience, knowledge of the regulatory environment and presence in 13 European markets. Thanks to our long experience in acquisition and management of loan portfolios, and our status as a regulated credit market company by the Swedish Financial Supervisory Authority, selling banks can be sure that we can meet stringent quality requirements. After purchasing a portfolio, the bank’s customers must be handled smoothly and with great care following the transfer of the portfolio to Hoist Finance. 

Our strategy

The value creation of our business model begins with the investment in a portfolio of non-performing loans to consumers and small and medium-sized enterprises (SMEs), mainly unsecured and secured asset classes. Our long history and experience in this area is the prerequisite to a successful investment. The second step in our business model is to maximise the return from the acquired portfolios, by efficient and effective collections. The investment management processes are largely centralised while the loan management business is carried out locally in each of our markets.

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