Specialty finance
You’re holding it. We’ll bid on it.
Sell a consumer portfolio outright, or clear accounts on a set schedule — including the bankruptcy receivables most buyers leave out.
We start with the asset, not the institution.
Most buyers sort by what you are, and a creditor who does not fit one of the usual categories spends the first call explaining themselves. We sort by what you hold. If the obligation is a consumer receivable, if it has a payment history, and if you own it, we will look at it.
Creditors who sell to us
- Consumer finance companies
- Online and fintech lenders
- Retailers with an in-house credit book
- Auto and title lenders
- Solar and home-improvement lenders
- Point-of-sale and BNPL lenders
- Rent-to-own and lease-to-own
- CDFIs and community development lenders
- Debt buyers rebalancing a book
Not on the list? That is not a no. Ask.
Performing through charged-off.
You do not have to sort the book before you show it to us. A portfolio usually holds accounts in several of these states at once, and we price each state on its own terms.
- Performing
- Current accounts you would rather hold as cash than as a receivable.
- Sub-performing
- Slow payers and accounts on an arrangement, still short of charge-off.
- Non-performing
- Delinquent accounts heading for charge-off, priced on what they still pay.
- Charged-off
- Recent or aged, one sale file or years of them.
And accounts in active bankruptcy at any of those states — Chapter 13 and Chapter 7, priced as assets rather than carved out.
The accounts other buyers carve out.
Ask most buyers for a bid and the bankruptcy accounts come back excluded, or discounted to a number that has nothing to do with what they pay. They price those accounts as a line item because they do not service them.
We service Chapter 13 accounts from claim to discharge, and Chapter 7 accounts through the collateral — reaffirmation, redemption, surrender, recovery. That is why we can price a bankruptcy receivable as an asset, and why you do not have to strip it out of the tape to get a bid on the rest.
How a sale runsOnce, or on a schedule.
One sale
Move an existing portfolio now. Tribute bids directly, or positions the book and runs a competitive sale to buyers whose underwriting fits those accounts. You take whichever is better.
A standing outlet
A forward-flow program buys newly eligible accounts on a set cadence under agreed pricing. Accounts clear as they arise instead of accumulating until someone schedules a bulk sale.
Not selling yet?
A sale is one answer to a portfolio you would rather not carry. Two others sit next to it, and neither commits you to a transaction.
- Find out what the bankruptcy accounts are worth. An account-level expected-recovery analysis, with the assumptions written down. Bankruptcy Receivables Valuation
- Keep it and hand off the hard part. We service the bankruptcy accounts from intake to discharge while you keep the loans and the recoveries. Bankruptcy Receivables Servicing
We are not a bank, a credit union, or a dealer. Do you still want the portfolio?
Yes. We sort on the asset, not on what you are. If the obligation is a consumer receivable, it has a payment history, and you own it, send it to us. If you are not sure it fits, ask rather than assume.
How small is too small?
Tell us what you have. Portfolio size affects which route makes sense — a direct purchase, or a competitive sale to our buyer network — more often than it decides whether there is a transaction at all.
Do you buy the portfolio yourself, or broker it?
Both. Tribute buys directly when a portfolio fits, and runs competitive sales to an institutional buyer network. You are never obligated to sell to Tribute. If the market beats our offer, you take the market.
Will you take the bankruptcy accounts with the rest?
Yes, and this is the part most buyers will not do. We service Chapter 13 accounts to discharge, so we price them on what they actually pay rather than discounting them to a token. You do not have to strip them out to get a bid.
We are not ready to sell. Is a valuation still worth doing?
Yes. The valuation is not conditioned on a sale. It is an expected-recovery analysis you can use for a hold-or-sell decision, for your allowance, or to answer an investor or warehouse lender who asks what the bankruptcy accounts are worth.
For lenders and creditors
Tell us what you’re holding.
Thirty minutes, no slides. Describe the book in plain terms — size, asset, how much of it has stopped paying — and we’ll tell you whether there is a bid in it.