The General Services Administration has awarded a five-year contract to Boston-based loan marketplace provider DebtX for a suite of financial advisory services to federal agencies.
DebtX said Tuesday it will provide loan sale advisory, valuation and due diligence services to agencies through February 2021 after the company completed a year-long vetting process with GSA.
DebtX has supported the sale and pricing of more than $100 billion in loans for the Department of Housing and Urban Development, Federal Deposit Insurance Corporation and the Small Business Administration in the past 15 years.