When the set number of payments pass, we receive the subsequent payments. Instead of selling the whole note, they are more secure receiving some cash flow each month. Buying a balloon only - we see many notes where there is a balloon in less than 48 months. We can offer to purchase the balloon payment alone and pass through to the seller the 48 payments until the balloon date. Of course we can always buy the entire note for a lump-sum payment.
Partials are a great selling tool for the cash flow industry.
There is no limit to the creative methods of purchasing partials. They have given us versatility in offering the seller methods of selling their notes. Contact our office today and find out how the seller's needs can be met by one of our note purchase options. Entire contents are copy right protected and may not be reproduced in any manner, either in whole or part, without written permission from Discovery Funding.