Business Overview:
Great opportunity to purchase a $28,000,000.00 debt portfolio for an incredible price. Unpaid principal balance of 28MM of bank originated commercial credit cards with business and personal guarantees.Originally purchased for $2,400,000, this is a national portfolio with over 2800 accounts. This is a perfect opportunity to get into the debt collection business; however, the buyer should be familiar with working in the industry of debt collection. This business offers the possibility of making a lot of money for a person who is good on the phone and can balance just the right combination of aggressiveness and finesse. The portfolio will be sold as is and where is.Serious inquiries only - information will be provided to a qualified strategic buyer. A masked list will be provided upon seller’s approval. Due diligence will be the sole responsibility of the buyer. A full Confidentiality Agreement will be required with no exceptions.For more information, please contact Michele McLain at Sunbelt Business Brokers of Pasadena, 626-395-0717 ext. 228
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Other interest/not primary business
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.