Approved Portfolio Buyers
- Is there a minimum or maximum monthly residual required for a purchase?
No, we purchase portfolios of all sizes.
- Can I sell a portion of my portfolio?
Yes! A portion of the residual can be sold based on a specific amount or selected accounts.
- If I sell a portion of my portfolio based on a specific amount, how soon will APB pay me the excess of each month?
Every effort is made to pay the overage the same day we reconcile the deposit.
- What will happen to the agents who receive payouts on my residuals?
Agents will continue to be paid by APB or you can offer your agents a buyout.
- What will happen to the merchants after I sell?
Merchants remain with their current processor. We never sell or convert merchants and we never tell merchants their accounts have been sold.
- Will I know how the portfolio is performing after I sell?
We always like to keep the line of communication open. You can always reach out to receive updates on the performance of your portfolio.
- Does APB help service the accounts?
Yes, APB prefers to take on the merchant support and retention after the acquisition. We act as the intermediary between the merchant and processor, alleviating the agent’s workload. Our average wait time, when a merchant calls in, is 9 seconds. All of our Client Relationship Representatives and Merchant Retention Specialists are based in our local office.