Debexpert analytics team reviews portfolio and provides recommendations how to get the highest price for your debt portfolio.
Request Portfilio AnalyticsDebexpert will guide you through the auction setup process and advice auction type, how to divide portfolio into pools and the best time for portfolio selling.
Debexpert engages the best debt buying companies and do the presale. Debt sellers can monitore all activities on a dashboard online.
Hundreds of companies that buy debt will bid for your portfolio online. Sellers can communicate with buyers on Debexpert loan marketplace.
Auction winner and seller close the deal and sign the contract. Payment will be made directly from the buyer.
File exchange and communication logs between debt buyer and seller are end-to-end encrypted on Debexpert loan marketplace.
Has your landing business become unmanageable after giving a Merchant Cash Advances? Then you are well aware of the action you'll need to do: endless merchants, issuing fees and penalties, engaging attorneys. But there's another way!
Enjoy transparency and support at every step of the uncollectable debt selling process.
Debexpert analytics team reviews portfolio and provides recommendations how to get the highest price for your debt portfolio.
Request Portfilio AnalyticsDebexpert will guide you through the auction setup process and advice auction type, how to divide portfolio into pools and the best time for portfolio selling.
Debexpert engages the best debt buying companies and do the presale. Debt sellers can monitore all activities on a dashboard online.
Hundreds of companies that buy debt will bid for your portfolio online. Sellers can communicate with buyers on Debexpert loan marketplace.
Auction winner and seller close the deal and sign the contract. Payment will be made directly from the buyer.
File exchange and communication logs between debt buyer and seller are end-to-end encrypted on Debexpert loan marketplace.
Debexpert analytics team reviews portfolio and provides recommendations how to get the highest price for your debt portfolio.
Request Portfilio AnalyticsDebexpert will guide you through the auction setup process and advice auction type, how to divide portfolio into pools and the best time for portfolio selling.
Debexpert engages the best debt buying companies and do the presale. Debt sellers can monitore all activities on a dashboard online.
Hundreds of companies that buy debt will bid for your portfolio online. Sellers can communicate with buyers on Debexpert loan marketplace.
Auction winner and seller close the deal and sign the contract. Payment will be made directly from the buyer.
File exchange and communication logs between debt buyer and seller are end-to-end encrypted on Debexpert loan marketplace.
BHPH portfolios are in great demand among debt buyers today, which allows them to get reasonable prices when selling performing and non-performing accounts. Debt buyers believe that the contact data of debtors is higher than that of other loans because the loan issuance and debt payment took place at a specific location. There is a high probability that this debtor will have fresh contact information and his place of residence is near the loan issuance, which will simplify the tax repossession, if necessary.
Today, demand for this type of portfolio exceeds the supply, because the share of Buy Here Pay Here loans in the auto loan industry is growing. Debt buyers are happy to consider and buy goods using this type of debt. Suppose institutional debt buyers usually buy auto loans. When companies sell BHPH portfolios, the circle of buyers is broader and includes mid-size retail investors and other BHPH dealerships.
Debt buyers will understand this product, so in evaluating the portfolio, there are no questions as a rule. Therefore, the transaction can be closed in a few days when using a professional intermediary.
Excel spreadsheet that lists all the accounts that the seller wants to sell auto notes, while sensitive information of borrowers is masked. This is what a masked file means in the debt industry.
Request Portfilio AnalyticsSecond step before the selling process starts is to decide to sell the entire portfolio or break it down into pools and geography, product types, and stage of delinquency. As a rule, each buyer specializes in a particular kind of geography or debt, so to ensure the maximum price, it is recommended to break portfolios into pools.
If the media is stored electronically, the sale process and the portfolio price will usually be higher because the buyer can start working with the portfolio immediately after signing the PSA. If the documents are stored in hard copies, then you need to ask to prepare media for sale by putting them in separate boxes.
The contract should reflect the actual terms for closing the transaction, transferring documents, and obligations of the seller and buyer.
The last step is the preparation of the Seller's Questionnaire, in which the seller describes the main parameters of the portfolio to be sold. A correctly completed seller's questionnaire will help buyers better understand the portfolio being sold, how it was previously collected, and other features.
File exchange and communication logs between debt buyer and seller are end-to-end encrypted on Debexpert loan marketplace.
English, Dutch, Sealed-bid or Hybrid – sell your debt in a way that suits you and pick the best rates. You will see comprehensive details on the bidders and their information on our digital loan marketplace.
Request Portfilio AnalyticsOur specialists can advise you on market conditions, price expectations, and compliance checklists thanks to their 100+ years of combined expertise. You can count on your dedicated account manager to provide prompt assistance at each stage of the debt selling procedure.
Debexpert’s network consists of hundreds of purchasers, including passive debt buyers, collection agencies, legal companies, family offices, and funds. Don’t know what to choose? We will assist you in finding the purchasers who provide the most competitive bids.
We guarantee the security of every piece of data, including masked files and all other documents that are uploaded and managed on our shared drive.
After listing your debt in an auction, you can keep tabs on the portfolio's activities, including who saw it, who made a bid, and who requested additional details.
Discuss the details of your business debt using our highly secured online chat. You and potential buyers can directly communicate with each other – no need to spend time trying to catch up in third-party apps.
When endless repayment of MCA debt chokes their cash flow, many thousands of companies are forced to file bankruptcy. We provide these company owners with a comprehensive way out of the debt cycle and a definite path to recovering control over their personal finances and their businesses.
The procedure is easy. Our portfolio manager will go in-depth into your particular situation during our free, no-obligation consultation. We will help you figure out whether you can sell MCA debt and guide you through the process of merchant cash advance debt selling step by step.
Selling your business debt is a faster and safer alternative to dealing with merchant cash advance attorneys because you can close your loan in a single payment and avoid hidden fees and extra interest rates.
When endless repayment of MCA debt chokes their cash flow, many thousands of companies are forced to file bankruptcy. We provide these company owners with a comprehensive way out of the debt cycle and a definite path to recovering control over their personal finances and their businesses.
The procedure is easy. Our portfolio manager will go in-depth into your particular situation during our free, no-obligation consultation. We will help you figure out whether you can sell MCA debt and guide you through the process of merchant cash advance debt selling step by step.
Selling your business debt is a faster and safer alternative to dealing with merchant cash advance attorneys because you can close your loan in a single payment and avoid hidden fees and extra interest rates.
Today, hundreds of lenders and dealers sell their auto loan portfolios using a forward flow mechanism (fixing the sale price on loans to be issued in the future), making the business's operating model more predictable and sustainable.
With Debexpert.com, selling your merchant cash advances is a quick and simple process that boils downs to six fundamental steps.
Get in touch with a dedicated manager who will examine your debt portfolio and explain whether you qualify to sell it and how much you can charge for it.
Request Portfilio AnalyticsWe will help with compliance checklists, proper debt portfolio arrangement, and collection of documents for debt purchasing companies.
Debexpert will assist you in selecting an appropriate auction type (English, Dutch, or hybrid) and guide you through the sales procedure. We will help you divide your portfolio into pools and explain when to start searching for buyers.
Debexpert will provide a list of the most suitable buyers to purchase your debt and manage the presale procedure. In your dashboard, you can check who viewed your portfolio and track the sales process.
Check accounts, portfolio description, and sample media. You can always get in touch with your account manager or sellers on the Debexpert loan marketplace if there are any issues or questions.
The auction winner will sign the contract, and you will receive funds directly from the buyer. You can exchange files and communicate right on the platform – we ensure ongoing support and safety of transaction data.
Many businesses try to negotiate settlements with their MCA lender, but it only leads to higher fees and interest rates. If your credit history is not spoiled, you can apply for a debt consolidation term loan and use the proceeds to pay off your merchant cash advance loan. If this is not an option, you can file for bankruptcy, but this means putting an end to your business. The fastest and most convenient option is selling your merchant cash advance debt on Debexpert.
It may take many months or even a year or more to bring about a final resolution with your MCA lender, but Debexpert offers a faster solution. On our loan marketplace, you can sell your merchant cash advance within a few days.