Step by step:

1. We list you in our system as a private lender so that you are able to receive notification of debt contracts for sale.
2. Wait patiently for us to match you with a borrower.
3. Once we match you with a potential borrower, we negotiate the terms and conditions of the loan with the borrower.
4. Once the borrower agrees to the terms and conditions, we negotiate the discount you will be purchasing the debt at.
5. Provide us with proof you have the full, not discounted amount of the total debt owed to the borrower’s creditors.
6. Receive the borrower’s consent email that they sent to the creditors, then the new lender (us) are able to ask questions regarding the file.
7. Send and receive email with the borrower, stating that they understand the funds will not be forwarded until proof of ownership of the debt is produced.
8. We commence conveyance, then we request all creditors to produce proof of ownership of the debt.
9. Send funds to creditors, at pennies on the dollar.
10. Collect your investment or debt payment at the end of each month, and make sure the borrower’s payments are made on time every month.

Click here to view our private lender assurance fund guarantee.