Frequently asked questions.

  • A financial service where landlords or operators sell property’s bad debt at an agreed-upon rate higher than their current recovery rate.

  • We consider bad debt to include unpaid rent, late fees, damages, and legal fees. For tenants who skipped, we do not consider future rent as bad debt since the unit can be re-rented.

  • The purchase rate is guaranteed for 12 to 18 months.

  • We buy and transfer the debt immediately after the resident vacates a unit.

  • Yes! We purchase existing bad debt but expect the rate to be lower because the debt has been sitting for a while or has already been collected on. Please talk to our sales team to get a proposal.