Purchase of receivables
We have many years of experience in acquiring debt portfolios in Bulgaria and Romania. We have solid expertise and benchmark that guarantee quick and fair assessment of receivables. We apply individual solutions and different approaches to portfolio management, working in accordance with the established good practices and high ethical standards. Good reputation has made us a preferred partner of leading banks, non-banking financial institutions and telecoms in selling their non-performing consumer, mortgage and corporate loans. We buy out receivables so you can improve your liquidity, release provisions, speed up your cash flow by saving efforts, resources and time.
At the beginning of 2017, Debt Collection Agency EAD acquired the first secured portfolio on the Bulgarian market. One year later, we became a market leader for secured receivables, managing a portfolio of over 350 million BGN. Expectations for the sector are to develop at a rapid pace in the coming years. As a leading company in the branch, Debt Collection Agency EAD participates actively in the development of this market, offering its clients experience, professionalism and guarantee of compliance with all legal and ethical norms.
Debt Collection Agency EAD's experience in purchasing and managing portfolios of non-performing loans has started from the very beginning of the establishment of the company in 2010. The approximate nominal value of the portfolios at the beginning of 2018 is over 450 million BGN and their number is over 335 thousand. The company is an absolute leader in the number of contracts for regular receivables cessions.