Large banks run structured sale programs, but usually require a Master Purchase and Sale Agreement, audited financials, and extensive licensing.
Platforms like Debexpert , DebtX , or Everchain aggregate portfolios from multiple sellers for qualified buyers.
Disciplined buyers typically target a 12% to 20% net internal rate of return . How to Start a Debt Buying Business Model: Operator's Guide
In the US, licensing is state-by-state. Even if you don't contact debtors directly (passive owner), many states still require a debt buyer or collection agency license.
