CHERRYWOOD ENTERPRISES, LLC
Financial ServicesFlorida, United States2-10 Employees
CHERRYWOOD ENTERPRISES, LLC is a small financial services company based in Orlando, Central Florida, with operations dating back to 2012. It buys portfolios of charged-off debt from banks, credit unions, auto lenders, and commercial lenders. The types of assets it acquires include charged-off credit cards, auto deficiencies, consumer and commercial loans, equipment leases, and judgments. The company provides a structured process for selling these assets and aims to speed up the return of funds to selling institutions. Industry coverage in 2023 notes Cherrywood's long-standing role in acquiring charged-off debt portfolios from a range of lending institutions since 2012.