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Even when you have given up and written off a receivable it may still hold value and cash flow can be realized. We can take over the debt for you, which immediately improves your cash flow and also helps your customer.
The cost of seeking repayment from a non-paying customer is often more than what is owed. We are willing to take over the debt from you at a percentage of its nominal value, with the percentage depending on the quality of the debt. We pay you immediately and then independently seek payment, using our expertise and our economies of scale. The indebted party typically also stands to gain.
Selling non-performing debt quickly improves cash flow.
The indebted party also benefits through new payment options.
You reduce losses from non-performing debt.
Brix and Vinze (M) Sdn Bhd, Jalan Ipoh, Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia