Cleaning balance sheet service

Our service for the purchase of uncollectible receivables for tax purposes offers businesses a professional, regulatory-compliant solution for managing trade receivables that have become impaired or are no longer recoverable.
By having a specialized entity acquire these receivables, a company can dispose of assets lacking actual economic value, thereby facilitating the tax recognition of the loss and improving the overall quality of its balance sheet. This transfer enables companies to optimize the management of impaired receivables through a solution that combines tax benefits, administrative simplification, and enhanced accounting transparency.
Indeed, it serves as an effective tool for:

• facilitating the tax deduction of bad debt losses in compliance with applicable regulations;
• improving the representation of the company's true financial position;
• reducing costs associated with managing and monitoring unrecoverable exposures;
• freeing up administrative and financial resources for the company's core business activities;
• optimizing balance sheet ratios and the quality of working capital.

The service covers the entire transaction process, from the preliminary analysis phase through to the finalization of the transfer.