Auction the debt.
The most important feature of KGW is the fact that it is... the Stock,
which accordingly means that the creditors get an instrument enabling them massive debts sale of every kind.
Thanks to open formula the debtors’ data are available via internet (on web site: www.kgw.pl) or mobile phones.
Why it is worth to auction the debts?
Europejska Grupa Finansowa, KGW system administrator cooperates with one of the biggest investment firms, Garnet Capital Advisors, LLC. Garnet is interested in gaining information from KGW which enables receivables purchase. It means that auctioning receivables in KGW is a real opportunity of getting a part or the whole amount of indebtedness via receivables sale.
Auctioning acts as vindication.
The companies whose debts were auctioned are more eager to repay their indebtedness. They prefer to pay rather than wait for their creditor’s reaction (who frequently purchases debt for continual vindication).
Full anonymity during sale.
The system guarantees full anonymity of seller and buyer. They communicate via e-mail.
