Debt Purchase for Trade Debts
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May 16 2008
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Home > Services > Debt Purchase
 
Debt Purchase Details

If you are looking for an immediate injection of cash but do not want to commit to long term finance solutions, you may consider selling the debt on your sales ledger. Whether this is an individual debt or the whole ledger, as long as the debt has a value and can be supported by a contract the debt purchase might be the solution for you.

Debt Purchase is not there to offload uncollectible debt, but will release funds to you without waiting for payment to be made. The anticipated cost of collection will still be incurred along with a deduction for the risk involved, as once the debt is purchased from you and the money is paid, there is no come-back to you, but it gives you immediate funds to use in your business.

Through our network of alliance partners who are the most reputable and professional debt collection agencies, we are able to find you the best debt purchase deal. You will need to allow a verification process which will often entail allowing us to contact the debtors to value the debt, but only after your express permission has been granted. This will be done in the name of your company to ensure that your service is not jeopardise but will not be done until you have discussed this with our representative to ensure this is the best facility for you.

Once you submit your details one of our account managers will contact you.

 
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What is the value of the debt / ledger?*
What is the currency of debt?
What is the age of the debt? [n/a if you are selling a whole ledger]
Country of debt ?
Are there any debtors which require tracing?
Are any of the debts disputed ?
 


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