Debt Purchase
Debt-purchase deals have more than one dimension
It would be easy to think of debt purchase as a solely price-driven transaction - agree the best figure you can, polish up the P&L and say goodbye to the problem. But there’s also your brand to consider.
You’ve sold the book. What have you done with your good name?
Will the DCA deal with your customers fairly? Will your name be protected by professional behaviour? How about Financial Difficulty cases – remember, the business that now owns your debt also owns your reputation to some extent. Will you stay out of the headlines? And then there’s the ongoing involvement of your staff.
Before you sell, think about what happens afterwards
There are always post-sale queries – no book is ever admin-free. But for how long will your people be answering questions? Will the DCA refer back to you with every little query? Will the debts you thought you had disposed of still use up management time well into the future?
The lewis group debt purchase. Solving your problem without creating new ones
The lewis group has been one of Britain’s biggest debt buyers for many years. We’re currently working with a funding partner and are actively in the market for debt that would benefit from a multi-dimensional approach that offers you:
- Unbeatable reputation protection (we believe we’re Britain’s most compliant collector)
- Minimal post-sale queries (we have the broadest range of in-house resources and highly experienced management)
- A good price (that solves your problem while also supporting professional collection behaviour and processes)
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lewis debt purchase
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