Sell your receivables completely free of charge.

What costs or charges apply when you sell your receivables as a creditor?

The answer is quite simple: none.
If you sell your receivables to EOS there are no fees, unlike on most online trading platforms. The entire process, from the initiation of business to the signing of the receivables purchase agreement, is free of charge for you as the creditor. What ultimately matters is the purchase price that has been agreed and recorded in the agreement.

A receivables purchase agreement is a purchase agreement by means of which a creditor transfers their outstanding receivables to a third party. In the agreement, the seller confirms that the receivables under negotiation are in their ownership and that there is a legally enforceable claim for payment.

In addition, the receivables purchase agreement also stipulates which specific receivables are covered and the price agreed on. By means of an assignment declaration incorporated into the agreement, the rights and obligations are transferred from the previous creditor to the new creditor.

Due to the increased default risk in the course of the recovery process, the purchase price is lower than the original nominal value of the receivables. The difference between nominal value and purchase price is the risk premium. There are various factors that determine how much this will be:

• What is the value of the receivables and how long have they already been overdue?
• Are the contact details of the liable parties available and still current?
• Is current information on assets available and are bankruptcy proceedings possibly already under way?
• Has a payment already been made and how long ago was this?

The answers to these questions already allow reliable conclusions to be drawn about the default risk of the portfolio. We then consult our empirical values from the past. In the last 50 years we have built up an extensive pool of experience that helps us as a benchmark for the valuation of receivables portfolios: Which portfolio from the past had a similar structure, was for a similar amount and came from a similar sector? Using intelligent algorithms, we evaluate the data available to arrive at a price that represents a fair deal for both parties.