%209%20(2)%20(1).png)
.svg)
Debexpert analytics team reviews portfolio and provides recommendations how to get the highest price for your debt portfolio.
Request Portfilio Analytics
Debexpert 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.
While Payday loans can be a quick fix for the financial problems that businesses encounter, they often turn out to be more of a hindrance than a help. With three-digit interest rates and short payout deadlines, Payday loans might be impossible to get rid of as quickly as planned. How to get out of the growing debt spiral? Sell your Payday loan at the highest price on Debexpert!
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 loans are the most sensitive to the deterioration of the economy, job losses by debtors, and a decrease in the value of the collateral. Therefore, the sale of Buy Here Pay Here loans is a popular way to reduce risks for lenders because it allows fixing the profitability of loans issued and reduces the chances of non-repayment of debt.
The main advantages to sell BHPH notes are:
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.
.jpg)
.jpg)
Choose the best rates and sell your payday loan debt in the format that fits you — English, Dutch, sealed-bid, or hybrid. On our digital loan marketplace, you can see in-depth information about the bidders and their profiles.
Thanks to their combined 100+ years of experience, our professionals can provide you with advice on market conditions, price expectations, and compliance checklists. At every step of the debt selling process, you can rely on your dedicated account manager to offer timely support.
There are hundreds of buyers in Debexpert's network, including funds, collection agencies, family offices, legal firms, and passive debt buyers. Not sure which option to select? We will help you locate the buyers who submit the most attractive offers.
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.
Many Real estate loan borrowers make a big mistake by delaying payouts. If you don’t want to spoil your credit score and increase interest rates, sell your Real estate loan.
%20(1).jpg)
A performing loan is one on which the borrower has traditionally made timely payments. Performing payday loans are ones that are usually paid within the loan terms. Loans with payments that are fewer than 90 days late may occasionally be deemed as performing. You can sell such loans much faster and ask for higher bids because your credit history is not spoiled with them.
Non-performing payday loans are overdue. They can be sold by banks to other banks or investors. As a rule, these loans are bundled up and sold at a discount, so be ready to charge less than planned.
Typically, banks sell Payday loans to collection agencies that try to collect as much money as possible. You may ask, “Why can’t I sell my loan directly to collectors?”. This strategy has a few drawbacks:
On top of payday lenders’ interest, collectors charge extra trying to earn as much as they can.
Pretty often, agencies become very aggressive in pursuit of payouts: debt owners receive calls and messages with threats, which is very stressful.
Collectors may initiate legal proceedings, complicating the business’s financial situation even further.
So if you don’t want to overpay and stress over communicating with collectors, sell your payday loan online – Debexpert can make this process simpler than ever before.
Sell Payday loans
Once you sign up on Debexpert, consult a dedicated sales manager: find out how much you can charge for your loan.
Request Portfilio AnalyticsPrepare a masked file (a file that lists all accounts that you want to sell). If you need to sell an entire portfolio, break it down into pools, locations, and states of delinquency.
Ensure the availability of original documents of loan contracts (ideally, they should be stored in electronic form).
Prepare the Purchase Sales Agreement that describes the terms of transaction closing, transferring documents, and obligations of the seller and buyer.
Prepare a Seller's Questionnaire that describes the major characteristics of the portfolio to be sold.
Once you start receiving offers, conduct debt buyer due diligence to find the one with a trustworthy reputation and optimal bids.
Here are the recommendations to help you sell your real estate loan at its maximum cost:
%20(1).jpg)
Selling your real estate loan is a quick and easy procedure with Debexpert.com that only requires six basic steps:
Contact your dedicated manager, who will examine your debt portfolio, determine whether you are eligible to sell it, and consult you on the cost of your loan.
Request Portfilio Analytics
We will help you with compliance checklists, debt portfolio organization, and collection of documents for potential debt buyers.
Debexpert can help you choose the best form of auction (English, Dutch, sealed-bid, or hybrid) and will walk you through the selling process. We'll assist you in creating pools out of your portfolio and explain when to start looking for buyers.
Debexpert will supervise the presale process and provide a list of the best purchasers for your debt. You can see who has viewed your portfolio and keep tabs on the sales process on your dashboard.
Compare buyers’ bids and contact your manager if you have problems choosing one.
Once you select one of the bidders, you can initiate the selling process and get your money quickly. We guarantee ongoing support and the security of transaction data.
"Very happy to work together with Debexpert group specially Henry with excellent clients service and they teamwork is very professional, helpful and knowledgeable they goes the extra mile to close for any of the clients. I really admire his work ethics. He is very hardworking and always has answer to our questions .Best part he’s always available to help. I would highly recommend they services. Thank you"
"Wonderful communication and support. I have always had all of my questions answered quickly, and everyone has been accommodating to make the process as easy as possible. I always look forward to seeing the new offerings, and am excited to be building a relationship with a great company!"
"Professional, fair, and goes the extra mile to close note purchases-especially important when dealing with unrealistic/difficult sellers."
"Henry is the Business Development rep assigned to our small boutique real estate investment firm. Henry is great with follow-up and answering any and all questions I have. We have been very pleased with both your platform and Henry's service and "can do" approach."
"Our rep at debexpert.com has always been very proactively communicative, reaching out to make sure we are aware of trades that fit our buying box and easily accessible to answer questions and help facilitate the process."
"Very happy to work together with Debexpert group specially Henry with excellent clients service and they teamwork is very professional, helpful and knowledgeable they goes the extra mile to close for any of the clients. I really admire his work ethics. He is very hardworking and always has answer to our questions .Best part he’s always available to help. I would highly recommend they services. Thank you"
Wonderful communication and supportWonderful communication and support. I have always had all of my questions answered quickly, and everyone has been accommodating to make the process as easy as possible. I always look forward to seeing the new offerings, and am excited to be building a relationship with a great company!
"Wonderful communication and support. I have always had all of my questions answered quickly, and everyone has been accommodating to make the process as easy as possible. I always look forward to seeing the new offerings, and am excited to be building a relationship with a great company!"
"I gave Debexpert 5 stars because they have excellent client service. They know their customers and check with them to make sure they have seen product that fits their criteria. Hitansh has been very helpful and knowledgeable."
"Professional, fair, and goes the extra mile to close note purchases-especially important when dealing with unrealistic/difficult sellers."
.jpeg){kind=spacer}
.jpg)
.png)
%20(1).png)
%20(1).png)
