In mass or niche markets, a vital element of Cedar Financial business is purchased debt.  We have a dedicated team of debt purchasing analysts who provide clients with the expertise and knowledge covering the sale of their debt portfolios, while involving client participation throughout and beyond the sale process.

Why Sell?

As the debt purchase market matured in recent years, both sellers and purchasers have become much more familiar and comfortable with the sale of non-performing debt portfolios.  Our unique and professional approach makes selling your non-performing accounts an attractive, viable and profitable option.

Selling your debts can become an integral part of your recovery strategy with a number of immediate and tangible benefits:

• Brings an immediate boost of cash to your bottom line
• Frees up staff to focus on improving early collections and customer retentions and to your core competencies
• Avoids outsourcing or re-assigning accounts
• Release valuable IT resources in terms of people, hardware and software
• Higher overall returns compared to traditional recovery methods
• Reduce or remove the administrative costs of having a collections team
• Increased consistency in forecasting bad debt recoveries
• Optimization of balance sheet reserves