- 870 Sheridan Road Highwood, IL 60040
- tbf@tbfgroup.com
- 847.267.0600
It’s your choice when deciding what and when to sell to TBF. For most lenders and lessors, the best time to sell is at charge-off, also known as the write-off stage, after an account has been worked internally and the balance has been written down to zero. Some companies prefer to sell all their charge-offs to us. Others determine the pool of assets being sold by vintage, geography, quality, balance and/or pool size.
Selling your old accounts to TBF provides fast cash at closing, boosting your liquidity without delays.
Free up your staff to concentrate on accounts earlier in the past-due cycle, increasing the likelihood of successful recovery.
Avoid the uncertainty of future recoveries by securing a definite return at closing, reducing the risk of diminished returns over time.
Partner with a trusted industry leader who safeguards your brand and reputation, supports your long-term goals and never resells your debt.
The No. 1 reason finance companies sell non-performing accounts to TBF is to earn immediate cash at closing. This is a powerful benefit, but commercial debt selling offers other advantages, too. It frees up internal staff to focus on accounts that are earlier in the past-due cycle and more likely to be recovered. It’s also a future-proof strategy, providing a definite return at closing versus risking lower returns years from now.
Contact us at tbf@tbfgroup.com or call 847.267.0600 to get started.
Supply the necessary details regarding the commercial accounts you wish to sell.
We evaluate the accounts and present you with a competitive price.
Sign the purchase agreement, and we’ll wire your payment, with regular transactions typically handled online and completed within hours.
We ask for basic information on the pool of accounts you are selling, evaluate those accounts, make an offer, and wire payment after your company signs the purchase agreement. It’s fast and simple. We will work with you in a single engagement or multiple engagements over time, but many sellers establish a forward-flow relationship where they regularly sell us non-performing products at a pre-approved price. Transactions in forward-flow relationships are often handled online and move even faster, with payment wired within 24 hours.
