High Quality Accounts Receivable

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April 27, 2024

by a searcher in Houston, TX, USA

I have a client with a book of high quality accounts receivables involving insurance claims. Essentially, it’s just a “sit back and collect” type of deal over about###-###-#### months. AR is approx $1.6M Anybody know someone that would purchase this AR? Thanks in advance

Please contact me at redacted

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Reply by a searcher
from Emory University in Tucson, AZ, USA
^redacted‌ Try Natalie Palmer at Meridian. redacted My partner Jeremy Black has worked with her as our broker for A/R and trade risk policies. She may have options in her network that are better than recourse factors.

For example: You could likely at a lower cost of lending (versus selling or factoring) buy credit insurance that covers the receivables with a rider naming the bank as beneficiary. US banks are not accustomed to these policies so it may take some education, however they are becoming more aware.
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Reply by a searcher
in Miami, FL, USA
We would like to know more. We are in that or similar business. I will send you an email.
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