DELINQUENT DEBT  

Delinquent debt comes in many forms:

Ø            Credit Card

Ø            Student Loans

Ø            Retail installment contracts, etc.

How does delinquent debt differ from collections?

Ø      Placing portfolios with collection agencies causes the business to be doubly exposed from a liability perspective.

Ø      Collection agencies typically work on a commission basis, earning a percentage of the amount they are able to collect.  Uncollectible accounts, however, revert back to the business

Ø      Selling delinquent accounts removes the seller from the picture entirely.

Ø      Collection agencies rarely collect money on all accounts.  Funding sources, however, will pay immediate cash for every legally collectible amount.

Ø      Information is treated with utmost sensitivity and remains totally confidential.

Ø      The business need not reveal the actual names of the debtors until an agreed-upon price has been reached for the delinquent account.

Ø      The funding source will sign an indemnification clause in the purchase agreement to protect the institutional seller from activities in which they may engage that might cause legal action.

If you or your business could benefit from immediate CASH,
contact our professional consultants Today!

No Obligation, Free Consultation!

Contact us by phone: 586-778-5423

Fax: 586-279-1655

E-mail: eaglefunding@comcast.net