Delinquent Debt

Selling To Fan Distributing

Since its start in the debt purchasing business in 1992, Fan Distributing has acquired tens of thousands of nonperforming debt accounts placing them in the top tier of companies performing in this business area.

Fan has earned a reputation for offering fair prices for purchased debt, a purchase and sale agreement that works for both parties, and a smooth and timely transfer of files. Sellers consistently return to Fan with new product as a result of their efficient, professional approach.

Fan Distributing LLC has worked with many sellers over the years on a repeat basis. They have developed a purchase and sale agreement that has been well received. Number and size of accounts and balances have varied dependent on the sellers needs. Fan has provided immediate cash at purchase.; There are no contingency payments. Fan has provided an exit strategy for nonperforming debts.

 The Benefits of Selling Delinquent Debt

  • Provides immediate cash for reinvestment, expansion and new business loans
  • Allows the company to focus on its primary business
  • Eliminates the wait for contingency payments
  • Removes the risk of debtors declaring bankruptcy or collateral damage
  • Reduces warehouse and file storage expenses
  • Allows an exit strategy for bad debt

We are currently looking for:

Credit Cards

  • VISA/MasterCard
  • Private Label
  • Retail Cards
  • Branded Cards
  • Commercial / Business Cards and Lines of Credit

Installment Loans

  • Promissory Notes
  • Auto Deficiencies
  • Student Loans
  • Retail Installment Contracts
  • Mobile Homes
  • Equipment Leasing
  • Recreational Vehicle Loans
  • Equipment Leasing

Judgements

  • All Types
  • All States
  • Commercial / Business
  • Consumer