Buyer tool

Write the paper you will actually bid before a tape moves. Pair this with the buyer application.

A buying box is the written list of paper you will actually bid: asset class, face, vintage, states you can board, and monthly capacity. Without it, desks send you tapes you will pass.

Asset classes you bid

Tap every class you will underwrite. “We buy everything” is not a box.

Credit card Auto deficiency Medical Personal / installment Commercial / B2B Specialty / BNPL / fintech

Min face ($) Max face ($) Oldest vintage you will bid Monthly capacity ($)

Collect vs litigate

Mostly collect Recovery first. Media helpful, not always required up front. Mix Collections and litigation depending on the account. Mostly litigate Litigation route. Media documentation before a tape moves.

Apply with this box All desk tools

What a usable buying box contains

Field	Why desks ask	Weak answer
Asset class	Stops mismatched tapes	“We buy everything”
Face min/max	Matches seller pools	Blank
Vintage floor	Recovery model	“Any year”
States you can board	Geography you will actually work	National with no plan
Monthly capacity	Close calendar	No number

Educational only — not legal advice, not an appraisal. Desk: portfolios@debtmarket.net · 561-254-6608.