On Thursday the 2nd of April, Arum, in partnership with the Credit Services Association (CSA), hosted a webinar on debt sale.
The topic discussed was:
Debt sale is good business practice for SME creditors & we help you every step
About this webinar
There are a number of reasons why debt sale makes great sense for your business, including: improving cashflow and liquidity, reducing the investment required in internal infrastructure, and enabling you to focus your resources on the ‘front end’.
Arum and Liberis shared their experience of a first-time debt sale. We covered:
- when and why it makes sense to sell your debt
- how to protect the consumer and your brand
- the key steps associated with selling debt
- how to ensure a smooth process.
Liberis is an SME funder that finances small businesses in the UK and across the world; they have recently, with the support of one of Arum’s experts, successfully executed their first debt sale.