Consumer Receivable Financing
There are three related cash flow services available to enhance your
bottom line:
Consumer Note Purchasing:
Note purchasing of new accounts and seasoned portfolios as
well as charged off accounts allows you to transform your
consumer notes into immediate cash.
Maximum attention is given to flexibility so as to enable
finance programs to fit the needs of your project. Consumer
finance programs can be designed for all types of retail
installment contracts and unsecured consumer contracts,
which traditional funding sources would shy away from.
In-house portfolios, ongoing consumer contracts or both of
the above may be sold at a discount, with the funding source
holding back a reserve, to cover potential defaults.
Billing:
Third party servicing of existing and future accounts can actually
reduce expenses while increasing efficiency and improving
cash flow.
You will
be able to access a 24-hour a day online service for
your accounts . . . so you will always know how your
portfolio is performing. In this way you can feel
comfortable that your accounts are receiving the proper
attention.
Collection Work:
You can exchange your delinquent, and even your charged off
accounts into cash, or you can opt to have ongoing
collection work done on your delinquent accounts.
General
Purchasing Parameters
Contract Size: $500 (or
smaller) - $15,000
Contract Terms: 6-60 months
Credit Quality: A, B, C, and D
credit
If your industry is not listed in the right column and you have a product or service that sells to consumers, please contact us today for a free professional evaluation.
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