Our market position
Debt buyers include firms whose business model focuses on the purchase of debt, as well as collection agencies and firms who collect both on debt owned by others as well as debt they purchase and own themselves. In addition, some firms are passive debt buyers—investors that buy and resell portfolios but do not engage in actual debt collection themselves.
For over 20 years, Hoist Finance has focused mainly on the acquisition of NPL portfolios. This distinguishes us from many of our competitors, which have evolved from being solely collection companies (i.e. collecting on behalf of a third party). We are a full-service as well as a banking model actor on the debt purchase market. Several of our closest debt collector competitors are mainly in the full-service group.
Debt purchase market landscape