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Q: What does TBF Financial do?

A: At TBF Financial, we buy charged-off, small-ticket equipment leases for our own account. We are the premier company in this business.

Q: Why should a leasing company sell charge-offs to TBF Financial rather than continue to manage them through collection agencies and lawyers?

A: TBF Financial pays maximum recoveries on charge-offs. That means an increase in profits and liquidity, reduction of overhead, and more productive and efficient use of collection departments.

Q: What is involved in TBF Financial's due diligence?

A: TBF Financial has designed an easy process for buying charge-offs. Our expert team will usually spend one day at your office reviewing information on a typical pool of charge-offs and designing a program to fit the individual needs of your company. All pools after that are purchased automatically without any more due diligence review.

Q: How much effort is involved for leasing companies in the selling process?

A: Again, very little! At the time your company has accumulated leases for sale, you e-mail us a spreadsheet identifying the leases and the unpaid balances. TBF then sends you the purchase funds. When you receive the funds, you send us the files. It's that easy!

Q: Will TBF Financial customize a program for my company?

A: Absolutely. Almost all of our programs are customized to fit the individual needs of our sources.


 
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