Courage to the investment in a new class of ACE set before years hardly anyone in Germany knew the concept of NPL. Through public debate and also by now in the economy that has changed quickly an own business. NPL are loans and advances to customers, which are sold by banks, building societies and insurance companies. The purchase price is this the maximum 3% of the nominal value of unsecured claims, and between 10% and 30% for unsecured claims. Now of course many people ask themselves: “Why should it be a business for others?” It’s simple. Until it comes to a NPL, most years. The situation between creditors and debtors is procedure, the time of the compromise or agreement possibility long past. Of course also the KWG limits close some possibility of settlement with the debtor”.
Quite different to the new creditor: this has a profound interest in an agreement with the debtor, the only way he earns his money. The debtor sees here soon his chance “to get out of debt” and this for a sum which is substantially lower than the actual debt. So a ROI (return on investment) can be quickly from a “title”. Especially recommended are our funds with secured claims. Liens are available here. Here, everyone gets the best possible security on its invested capital. We deem extremely interesting and profitable business unit.
But beware! There are experienced and non-experienced providers in the industry. The members of the National Federation of credit purchase and servicing e.V. (BKS), are recommended here. Is the provider member of this Association, it will certainly be called serious.