Purchase of Bad Debt
You can choose between:
With the Ongoing Purchase service, you can choose when in the credit process you want to sell your overdue receivables, and whether you want to transfer all the claims or just some.
The funds will be transferred to you as soon as we have received the necessary files and documentation for the claims. For both the Ongoing Purchase and Portfolio service, Arvato commonly takes over responsibility of all communications with your customers: we always treat your customers as our own and follow best debt-collection practice.
By purchasing non-performing receivables from private customers, Arvato Financial Solutions offers you an attractive alternative or supplement to the classic collection of debt defaults.
We evaluate your receivables using mathematical and statistical methods drawing on our many years of experience managing accounts receivable. Using comparative analyses based on historic evaluations, we can determine the probability of your non-performing customer receivables being recovered and thus provide you with a tailor-made proposal to suit your individual requirements. We offer both the one-off purchase of your holdings and the revolving purchase of any future non-performing receivables.
In the Nordic markets where we are present, arvato’s financial solutions have enabled us to keep our balance sheet clean and focus our efforts. They partner with us to strengthen our business based on ongoing communication and transparency.Carina Bergudden, COO Nordics, Klingel