1.) The NPO informs their corporate supporters of the option to donate charged-off accounts for the purpose of creating a cash donation to the NPO.

2.) The donor company completes a NPO Donation Agreement designating non-profit organization (or trade association) that will receive the cash donation from the sale and a Portfolio Transfer Agreement giving the United Asset Group portfolio sales affiliate the right to sell the charge-off portfolio.

3.) The debt portfolio sales affiliate conducts a sale with selected buyers. The winning buyer transfers the funds and ownership of the debt portfolio is transferred to the buyer.

4.) The cash donation amount is then sent to the NPO in the name of the donor company.

* Note: the funding process for medical accounts is unique and proprietary. For more information, click here.