Purchase of portfolios
PrimoCollect Group was one of the first to start purchasing overdue indebtedness portfolios in Ukraine 9 years ago and is currently the absolute leader in the collection market by volume of purchased portfolios.
Debt collection schemes in Ukraine:
1. Rapid debt write-off. This scheme implies a single price and the transfer of rights to the Assignee from the moment of signing the Contract.
2. Forward Flow. Assumes the purchase of portfolios on an ongoing basis on previously agreed terms and conditions of portfolios and prices.
3. Profit Sharing. Entering the minimum price for a portfolio with the subsequent separation of fees in a certain proportion.
Benefits of selling:
- material benefit from the sale of troubled assets, the release of reserves, pledged for credit risks
- clearing the company balance sheet from bad debt portfolios
- increase of liquidity in balance, improvement of financial indicators
- no need to maintain the debt collection department and participate in litigation
- reducing reputational risks
By assigning your requirements, we support and reduce the burden on your business by introducing a comprehensive debt management/debt collection strategy.