Useful alternative to simply writing off unpaid debts
Despite the varied debt collection methods available to businesses, there will be defaulted accounts that are too problematic, time-consuming, and costly to recover by in-house collections or legal action.
Debt sale offers businesses a useful alternative other than to simply writing off unpaid debts. This tactic ensures that a portion of the overall value is recouped immediately by the seller, freeing up its resources chasing payment and receiving a cash injection, thereby improving the liquidity of the business.
We have considerable experience in assisting clients in debt sale or debt purchase and collecting on all types of debt purchase accounts. We can provide a full consultancy and guidance service as part of the overall debt sale process
If this is the service you require, Contact us to get more Details