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Welcome to our Aquisitions
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| Acquisitions History and Strategy |
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Since 1989, Century has purchased in excess of seventy-five
portfolios with a value of over one billion dollars. While the Company has
purchased a number of charged-off portfolios, we have chosen to focus on the
purchase of semi-performing and partially performing secured and unsecured
portfolios.
As a Boutique Acquirer, many of the Company's acquisitions
resulted from the purchase of portions of major sales sold at par from
institution to institution or |
major credit
card issuer to major card issuer. Frequently, accounts of lesser value than
par, and those of imperfect documentation are excluded from large sales and
have found a home with our Company. Many of these institutions are aware of our
niche purchasing and request our bid on that portion of portfolios not being
acquired as part of a major sale.
Century is actively pursuing
additional portfolios of consumer receivables. We possess an exceptionally
sophisticated acquisition team with the capability of performing due diligence
without disturbing a seller's staff and the ability to rapidly determine the
value of an offering. This, when coupled with impeccable financing,
professional negotiating, knowledgeable contracting and timely closing creates
a superior relationship with the Seller.
Century Liquidation Inc.
Headquarters 438 5th Ave., Pelham, NY 10803 voice: 914-740-4000 /
800-937-8068 / fax: 914-740-4030
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