TBF Financial CEO to Lead Session at 2018 NEFA Symposium

Brett Boehm, CEO of TBF Financial, will lead an educational session on strategies for increasing return on non-performing accounts at the National Equipment Finance Association Funding Symposium in Charlotte, NC, on October 4, 2018.

The session will cover the pros and cons of using debt sales, third-party collections agencies and/or hiring outside legal counsel to handle accounts that have gone into default and have become charged-off. It will point out the different requirements for consumer and commercial collections and delve into delinquency and default trends, along with forecasts for 2018 and 2019 in the U.S. by industry sector.

“Though the session is titled The Third Option: Debt Sales, we really take a close look at all three options, including the benefits and any risks involved with each. We will also discuss the importance of making sure outside companies you use for handling non-performing accounts are reputable, regardless of the strategy or combination of strategies you choose,” said Boehm.

More than 300 leasing industry leaders are registered for the conference, which will be held October 3-5, 2018, at the Charlotte Marriott City Center. The Symposium will feature educational sessions, networking opportunities, exhibits, and an address on the 2019 Economy: Terrific, Turbulent or Tepid? by economist Elliot Eisenberg, Ph.D.

TBF Financial buys portfolios of small-ticket equipment leases, small to mid-sized commercial bank notes and lines of credit, and loans from online commercial lenders that are uncollected and charged/written-off, giving sources an easy way to improve their bottom line, increase recoveries and quickly liquidate their distressed accounts.

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