Purchase of receivables is offered by a number of entities, however, only a few of them are able to really purchase the receivable (or portfolio of receivables) for a market price and only a few of them have transparent and relevant economic results and positive references. In case of sale – assignment of your receivable or portfolio of receivables – a change of creditor occurs without the approval of the debtor. You sell with a discount compared to the face value of the receivable and mostly also compared to its principal. However, on the other side, from this moment we bear the risk that your original debtor repays the receivable perhaps only after a litigation lasting several years and we expend costs for this litigation or this debtor may end up in insolvency, distraint, liquidation, ask for protection from creditors. In case of a natural person, he/she may disappear in fact, be imprisoned, die and then we would receive some yield only within the inheritance procedure.
We will offer an adequate price for your receivable or portfolio of receivables proportionally to the probability of these risks and on the basis of our mathematical model, checking the debtor, market situation, security of receivable (if there is some) and other factors. We assess the portfolio of receivables in a similar way as an individual receivable. Except of petty receivables, we proceed “per partes“ and on top of it, we verify the connections among individual debtors in your portfolio also in our databases, which represents our know-how.
Then the price for the portfolio is not only a simple summary of individual receivables value times a coefficient but the summary of all assessments of individual receivables. The price achieved by sale of portfolio can be higher as well as lower than the sale of individual receivables. This is affected by the volume factor versus distribution of risks and also the portfolio’s structure is essential. In each case, sale of a portfolio with receivables is easier for you than gradual solution of individual receivables with the potential of their unenforceability.