EverChain Inner_Banner

Compliantly and Consistently
Sell Charge-Offs

Get EverChain’s comprehensive platform, marketplace, and network
alongside our compliance and sales expertise, ensuring every
sale is done right every time.

Schedule a Demo

How Selling with EverChain UK Works

We’ve detailed each step below. If you have any questions
do not hesitate to contact us.


Strategic Advisors

Our goal is to develop targeted strategies for your portfolio sales and post-sale management. From analytics and valuation to portfolio marketing, alongside pre-sale due diligence and post-sale compliance, EverChain UK’s platform is the most comprehensive debt sales solution in the market.


Ready to List!

Securely upload your portfolio to our comprehensive platform using either a standardised API or a pre-mapped custom template. To protect you and your customers, all Personal Identifiable Information (PII) is automatically masked by our platform at upload. Next, our platform flags critical errors and warnings, making file clean up a snap. Once your review is complete, you can use our portfolio scrub tool to remove ineligible accounts – a process that takes minutes and saves countless post-sale hours. After being scrubbed, your portfolio file is ready for auction!


Ready for Auction!

Once your portfolio is masked and scrubbed, it is ready for us to begin marketing it to EverChain UK’s pre-vetted buyer network. Customise your audience by establishing specific buyer criteria, and qualified buyers will begin securely underwriting and submitting their bids.


Review Buyers and Bids

Choosing the right buyer is more than simply accepting the highest price. Compliance is a vital part of the bid selection process. The second the auction closes, EverChain UK gives you everything you need to choose the right buyer for your portfolio. On our platform, you can review buyer’s bids, terms of agreement, buyer/agency complaint ratio, buyer/agency complaint trends, and even download a complete due-diligence packet, all in real-time.


Close Sale

After selecting a buyer, electronically negotiate and execute portfolio sale agreements. Once agreements are mutually executed, you’ll seamlessly receive funding from the buyer directly into your account. You can confirm funds and release the sale file securely all on one platform.


Post-Sale Management

EverChain UK advisors are with you for the life of each portfolio sold. We became industry leaders by providing outstanding post-sale management, including technology-based solutions to resolve buy back requests, consumer complaints, media requests, chain of title issues, and agency placements. We are the receivables industry’s only end-to-end solution, with access to real-time data and oversight tools before, during, and after the sale.

Selling with Confidence

Security, compliance, and best practice are central to EverChain UK

We are proud to have established the highest standards of ethical, regulatory, and legal
compliance guidelines that serve to safeguard your investment,
your brand, and your bottom line.


Why Sell With EverChain UK?

With increasing regulatory requirements and the higher costs of customer acquisition
it is now more important than ever for lenders to ensure effective management of their
debtor portfolio. In many cases, a customer’s outstanding credit becomes too costly and
challenging to collect, which is why many lenders pass these cases over
to debt purchasers.

With EverChain UK, we can manage the entire process for you. All you need to do is provide
some information about the debts you wish to sell, and we’ll take care of the rest.
Don’t worry, you’ll have the final say on who you sell your debt to.

Selling With EverChain UK

You can use EverChain UK to find a debt purchase company to offer an alternative to simply writing off outstanding customer debts.


Financial Benefits

  •  Immediate cash injection
  • An ongoing additional revenue stream to add money to your bottom line
  • A real and serious consequence for your customers to increase your early collections
  • Reduce the damage of bad debt to your company and ensure maximum balance sheet value
  • We will feedback any strategic findings to help you fine tune your lending criteria and reduce the effects of non-payment
  • You may be able to claim tax relief against VAT by selling debt


Reduce Cost and Increase Productivity

  • Removing the need to chase debt reduces your collections resource and staffing costs
  • We can remove the need, cost and resource for work with Debt
  • We remove the need and resource for regulatory overheads such as annual statements and SNOSIA’s
  • Free up your team’s time and allow your team to focus on what they do best
  • Increase staff morale


Regulation and Reputation

  • We help you maintain a good reputation in the marketplace for your products and services not for the chasing of debt
  • We are registered with the ICO and use a number of methodologies to protect your customers and your business
  • We’ll hold your hand every step of the way, including the initial due diligence and ongoing due diligence requirements to ensure you have the systems and controls that the FCA expects
  • Comprehensive understanding of CONC, DISP and compliance to protect your business and interests
  • We can reduce your regulatory requirements regarding debt and reduce exposure to the FCA
  • Our ethical approach to Debt Collection removes any regulatory risk to you caused by an unethical Debt Collection Agency


Ongoing After Sale Support

  • We’ve done this before and recognise your first sale can be daunting, so we’re here to support you all the way – even once contracts have been exchanged
  • If needed, we can offer bespoke procedural creation, from contracts to post sale processes such as putbacks and direct payments
  • We will work closely with you to ensure the relevant ongoing systems and controls are in place to give you the oversight you require of the accounts, as the FCA would expect

buying debt

Achieving True Market Value

Knowing the debt purchase companies that meet your needs, and understanding where they have the appetite and funding to pay the actual value of your portfolios is not easy. With so many UK debt purchasers to choose from it can be difficult to know where to start and even more difficult to manage the incoming queries, questions and quotes from buyers who do not make a competitive bid.


EverChain UK has an intrinsic understanding of the debt purchase market and will manage the process for you. Ensuring that all of the key players who fit your needs are included in the process, including those who are less well known, is part of the service.


Reduce Your Overheads

We remove the need for you to service aged accounts with annual statements, NOSIA/SNOSIA and credit reporting. You can also refocus your collections teams on what they do best and/or reduce resources, saving you time and money.


Selling your non performing portfolio may also reduce the strain that bad debt provisioning puts on your business.


Allowing your collections staff to focus on the early stage collections and to become specialists at this will provide you with an increasingly happy and engaged workforce. Introducing a Debt Collection Agency to your customer lifecycle gives a real consequence to your customers. This consequence can generate you more engagement from your customers and increase your early collections rates whilst gaining an additional revenue stream for your business.


Compliance First Approach

At EverChain UK we know how important compliance is to your business in a time of ever evolving and tougher regulation. We use our due diligence framework to ensure we only work with debt purchasers who can demonstrate that they will treat your customers fairly at all times. We can also work with you to develop bespoke ongoing due diligence on your chosen debt purchaser(s) so that you have confidence in their practises, in order to protect your brand and ensure your complaints remain low.


Every business is unique, we can utilise our relationships with the debt purchase market to ensure that the approach is tailored to your business. We can understand your needs and requirements and match you with debt purchasers who are best suited. Bringing sellers and buyers closer together than ever before to guarantee a smooth customer journey and increased customer engagement.

Ready to Get Started?
Join the numerous businesses who have achieved their debt selling
and buying goals with EverChain UK.