Orion enables you to remove non-revenue receivables from your balance sheet, and you receive immediate, up-front liquidity through the process. Selling charged-off accounts immediately impacts your bottom line with an infusion of cash from otherwise non revenue generating accounts. Liquidating distressed and dormant accounts also facilitates your recovery goals, reduces administrative and management time and costs, and limits potential liability.
Selling receivables is a smart business decision as it allows the sellers to focus on their core competencies of originating new accounts and providing them with value added services whilst being able to monetize non-core and hidden value assets . As leaders in the acquisition of bulk accounts receivables, Orion has the experience, resources and expertise to structure a custom transaction for virtually any type of acquisition.