Benefits from sale of receivables
Quick improvement of financial flows, absence of the need to support extensive debt collection structures, saving time and money - these are just some of the multitude of benefits from sale of receivables
One will surely agree that the benefits from the sale of bad debts are numerous while there are very few drawbacks to be spotted. Quick improvement of financial flows, absence of the need to support extensive debt collection structures, balance image boosting and, finally, saving time and money otherwise spent on time-consuming court and debt collection proceedings are but a few of key arguments in favour of this type of solution.
The following diagram shows in simplified form the main process implemented in the company:
Our experience and expertise provide an objective and professional valuation of receivables, the regularity of concluding transactions and a quick transfer of funds.
Since the beginning of our activity we have purchased receivables portfolios of the total value of over PLN 800 million, using our own funds from all the branches attempting mass sale of their products and services. The portfolios varied in their degree of being overdue, the average value of a single debt or the advancement of earlier proceedings against the debtors.
The receivables evaluation process is performed by a team of experienced analysts with twelve years of experience and the analyses are based on the gathered data. Our database contains data on over 1.5 million debts, including debts that we have acquired on our own account or serviced in the past at the order of our Clients, along with those we have administered as a licensed securitisation fund administrator. These data constitute tangible analytical data used in the evaluation processes.
