Portfolio Acquisition
Asset sale remains an important element of the recovery process for many financial institutions around the globe. Our sensitive and compassionate approach has encouraged a number of major creditors to recognise that a significant reputational benefit can be achieved through segmenting their deceased portfolio and selling it to Phillips & Cohen Associates when pursuing an asset sale strategy.
Our purchasing entity is Invenio Financial and it is uniquely placed and well-funded to purchase deceased accounts. We have successfully completed multiple deceased account purchases with some of the world’s largest financial institutions. Our specialist knowledge and Estate expertise allows us to provide additional re-assurance to Boards of Directors and shareholders alike, that their most sensitive accounts will receive the appropriate treatment while protecting their brand at all costs.
Debt Sale Benefits
It brings a number of immediate and tangible benefits including:
- Immediate cash generation
- Certainty of treatment
- Greater predictability in forecasting cash and bad debt reserves
- Increased productivity of existing resources
- Redeploy Resources to Core Business
- Portfolio Exit Strategy
Our Funding Partner – Invenio Financial
