Purchase of receivables
In the case of a receivable purchase, the creditor changes. After the contract comes into effect, CASHDIRECT becomes the owner of the receivable. We buy individual receivables as well as packages of overdue receivables, both from individuals and legal entities. The assignment can be both one-off and repeated at regular intervals.
Client Benefits
Clear terms and conditions of the financial transaction
Immediate financial liquidity for assignors
Saving time and financing costs
How It Works
You send us the documents for the claim and we will check everything necessary. Depending on the result of the verification, we will propose you the terms of assignment of the receivable or a package of receivables. The purchase price is directly dependent on the creditworthiness and nominal value of the receivable. In general, the earlier the creditor decides to offer the receivable for purchase, the larger the amount of money they will receive for the purchase. Once the contractual terms have been mutually agreed, we will send you the draft contractual documentation for the assignment of the receivable.