NewConnect-listed company One Solution, which specializes in professional receivables management, has signed a second agreement this year for the purchase of a new debt portfolio with a nominal value of over PLN 48.9 million. The portfolio consisting of receivables from 3,790 persons was purchased by the Company at the valuation of PLN 3 million. At the same time the company increased the nominal value of handled receivables by almost 52 percent, which at the beginning of April 2021 amounted to PLN 94.3 million.
The promised agreement was signed with the company FF Inkaso. The transaction was preceded by the signing of a preliminary agreement on February 22, this year, in which both entities agreed to its preliminary terms.
"The agreement with FF Inkaso is another transaction this year aimed at expanding our scale of operations. The transaction brings our total nominal value of receivables to over PLN 143 million, which in the coming months should have a significant impact on our results at the current level of recoveries. It is certainly worth noting that the acquired package includes retail receivables, consisting mainly of bank products, i.e. from the range of services within which we have the greatest experience and the strongest specialization," Paweł Wójcicki, CEO of One Solution, commented.