Spanda Capital has had a seriously strong second quarter. Collections are up, new portfolios are flowing in, and the team’s strategy is clicking into place. If you’re following Spanda on Esketit, here’s what you’ll want to know.

Spain’s bouncing back – and Spanda’s ready

The economic mood in Spain is looking up. With GDP growing 2.6% and inflation cooling down to 2.3%, things are stabilizing. Add in lower ECB rates and a stronger job market, and you’ve got a much friendlier credit environment. That’s great news for a company like Spanda that works with non-performing loan portfolios.

Growth that shows in the numbers

Spanda went big this quarter. They invested €8.6 million into new portfolios – that’s more than triple what they did a year ago. Their estimated remaining collections (ERC) climbed to €32 million, which says a lot about the long-term value of the assets they’re managing.

Collections are rolling in

Spanda collected €820,000 in cash during Q2, up 180% compared to last year. The combination of internal recovery teams and external partners is clearly working, and it’s helping keep things moving faster.

Scaling up without losing focus

  • Here’s a quick snapshot of where they’re at:
  • Managing €4 billion in outstanding balance
  • Over 80,000 active cases
  • Working with 8 third-party servicers across different regions

That kind of scale takes structure, and Spanda’s operations seem well-equipped to handle it.

What’s next?

August is usually a bit slower due to the summer holidays, but Spanda has some new acquisitions lined up for Q3. Their focus now is onboarding these portfolios and making sure collections stay consistent.

All signs point to a company that’s scaling smart, staying lean, and playing the long game. Solid stuff.