Manufacturers, especially those with a national or international customer base, can have a sizable amount of charge-offs that are not serving any useful purpose. Most of the time, these companies have been donating to NPOs or their trade association for years and may welcome this option as an opportunity to continue giving in tough economic times. Cumulative charge-offs over the previous four years often results in a considerable charge-off donation.

Some manufacturers are members of trade associations that could provide better representation to their members if the charge-offs from these companies were converted to cash and donated to the trade association. The team at United Asset Group would typically work directly with the CFO or the COO of the company to discuss the donation.