Equipment lessors are encountering new challenges to profitability. Enterprising leasing companies are reassessing their overall business plans to find new ways to increase profits. They are especially taking a close look at the back end of their businesses to determine how to maximize recoveries from their charge-offs. After examining all options, leasing companies are learning that selling their charge-offs is the best option and that selling their charge-offs to TBF Financial gets the lessor the highest recoveries and the most benefits.

In 1998, TBF Financial was organized to buy equipment lease charge-offs. In 2002, TBF Commercial was launched with the express purpose of buying charged-off credit card and other commercial debt. TBF Group is the parent organization for the TBF companies. The TBF Group of companies is dedicated to providing the highest price and most rewarding solutions to its equipment leasing, financial, and commercial customers.

Robert Boehm, the founder of the TBF group of companies, brings over 25 years of industry experience and a seasoned legal background. Before starting the TBF companies, Mr. Boehm owned a successful Chicago law firm, representing leading financial institutions and finance and equipment leasing companies.

Read the November/December 2007 article in the Monitor by Robert Boehm, Rethinking Worthless Chargeoffs - Can a Pile of Uncollectibles Really Turn into a Pot of Gold?