Purchase of Debts

Selling a debt through the assignment of debt claims is the fastest way to turn receivables stated on a company’s balance sheet into cash to invest in future growth or other objectives.

The implementation of assignment transactions:

• significantly reduces the administrative costs involved in electronic monitoring of debt amounts and controlling the debt recovery process,

• means that you no longer need to accumulate funds for the non-performing debts assigned,

• results in an improvement in the balance sheet ratios, including economic profitability or ROA (return on assets), of the company entering into the assignment transaction,

• reduces the workload of the Finance Department in carrying out financial accounting in accordance with the new IFRS 9 standard (lower resource costs, fewer problematic situations, less explanations, etc.).