At TBF Financial, we buy pools of non-performing commercial accounts of any size, up to 4 years old from the date of last payment, from online small business lenders, banks, equipment finance companies and merchant cash-advance businesses. These accounts include a wide variety of loans, equipment leases and lines of credit; they may have personal guarantees or no personal guarantees, be secured or unsecured, pre-agency or post-agency, or pre-litigation and/or reduced to judgment.
Commercial debt buying is an established practice in financial services that benefits sellers in many ways, and TBF Financial has been an innovator and leader in the field for more than 20 years. Selling your old accounts to us generates fast cash at closing. It allows your staff to focus on accounts that are earlier in the past-due cycle and more likely to be recovered. What’s more, you can count on a definite return at closing instead of risking diminished returns years from now. You also benefit from a professional relationship with a recognized buyer who looks out for your long-term interests by protecting your name and brand.
Our pricing is competitive and flexible, based on decades of historical data and our goal of establishing a long-term relationship with you. We offer aggressive prices that reflect the assets’ fair market value--and, unlike some buyers, we will never overpromise to win your initial business but then fail to deliver. If TBF makes a bid, it is because we have the cash on hand to close the deal immediately.