NPL Portfolio Sale Checklist

Fitzgerald Advisors · Institutional Guide

Eleven workstreams for defining, preparing, reviewing, and transferring an institutional portfolio.

By Fitzgerald Advisors editorial team · Updated September 27, 2026

Start by documenting why the portfolio is being considered for sale. The objective may be balance-sheet liquidity, servicing simplification, risk transfer, a strategic exit from an asset class, or a scheduled portfolio-reduction program. The objective affects timing, reserve expectations, buyer criteria, transaction structure, and the level of diligence required.