Payment obligations that seem like liabilities may actually be assets.
Responsible financial management includes managing payment obligations for the benefit of the company and its stakeholders.
At AUP Liquidity, our mission is to help our customers immediately convert outstanding payment obligations into income and cash.
Each year, companies forgo millions of dollars of operating income and cash by not implementing an appropriate strategy for dealing with their outstanding checks and other payment obligations. Too many companies simply ignore unclaimed payment obligations until these payment obligations are presumed abandoned and seized by a state. It does not need to be this way.
Rather than ignoring aging and unclaimed payment obligations, AUP Liquidity believes that payment obligations should be managed. These payment obligations can be delegated to AUP Liquidity. The result is that the delegating company immediately increases its income and cash position, while protecting the rights of payees: the company’s customers, vendors, and investors.
Importantly, state unclaimed property laws will not interfere with the AUP Liquidity transaction nor negate any of its benefits. Moreover, using AUP Liquidity’s service simplifies and ensures regulatory compliance.
Responsible CFOs choose AUP Liquidity to increase income, improve cash flow, and ensure regulatory compliance.
How It Works
AUP Liquidity’s solution works for all kinds of payment obligations: premium refunds, utility deposits, lawsuit proceeds, wages, etc.
Payees are protected. They can always get their payment easily. Wonder if it could work for your organization? Give us a call!
AUP Liquidity and its Client sign a simple agreement.
The Client identifies an aging pool of outstanding payment obligations.
Client delegates the payment obligation to AUP Liquidity.
AUP Liquidity legally and unequivocally assumes the payment obligation.
AUP Liquidity is paid a fee.
Amounts delegated to AUP Liquidity become income and cash for the Client.
AUP Liquidity assumes the payment obligation unequivocally.
AUP Liquidity funds the Client’s account.
All future redemptions of delegated payment obligations are paid in-full with AUP Liquidity’s funds.
Procrastinating payees can always claim their payment.
Payees can cash their checks or claim their payment in the customary manner.
Payee rights and privacy are protected.
A payee’s right to payment is never seized by a state.
The AUP Liquidity Client enjoys simple, full regulatory compliance.
Why choose AUP Liquidity to convert your outstanding payment obligations into profits?
1. The AUP Liquidity program is very easy to implement, with extremely low execution risk.
2. AUP Liquidity’s liability assumption is unequivocal and complete. For example, AUP Liquidity assumes all liability on delegated checks, including the underlying contractual obligation for which the check was issued. If a payee requests a replacement check, AUP Liquidity is liable for the reissued check too.
3. AUP Liquidity pays whenever an obligation is presented for payment.
4. The risk of nonpayment of the obligation is virtually nonexistent because AUP Liquidity funds the account on which the payment obligations were drawn.
5. AUP Liquidity is alone responsible for any state unclaimed property reporting.
6. AUP Liquidity Clients enjoy full regulatory compliance with no reporting or payment obligation to any state with respect to the transferred payment obligations.
7. Your customers, suppliers, and service providers will stay happy. Even procrastinating payees can redeem their payment obligations as they would in the ordinary course of business.
Have Questions?
Thank You.
5 Ausiàs March Square
1st Floor 2nd Door
08195 Sant Cugat del Vallès
Barcelona – SPAIN
Email:
info@aupliquidityservices.com
U.S. Phone:
(667) 217 4284