Converging Capital offers comprehensive and customized solutions that improve creditors’ recovery of their charge-offs and delinquent accounts.
We conduct a no-cost evaluation of a client's delinquent accounts and recovery processes discovering opportunities for adding value whether through internal improvements, outsourcing to firms and agencies, simply selling their debt portfolio or any combination thereof. Based on the client's needs, type of debt, age of debt and account balance, we provide advice and solutions for optimizing recovery on their charged off and delinquent accounts.
Features of Converging Capital Charge-Off Solutions
Debt Portfolio Management
Debt Portfolio Management
Debt Portfolio Management
Benefits:
- Team of experts with vast industry knowledge working to improve recovery performance
- Customized collection strategies based on debt attributes and creditor needs
- Use of key metrics to ensure correct placement
- Referral to our network of top Collection Attorneys
- Referral to our network of top Collection Agencies
Debt Portfolio Sales
Debt Portfolio Management
Debt Portfolio Management
Benefits:
- Immediate liquidity for new loans and/or reinvestment into your business
- Freedom to concentrate on other aspects of your business
- Eliminates cost and resources needed for collections
- Eliminates liability associated with accounts
- Ensures cash now instead of waiting for an increasingly small chance of return