Paramount Capital understands sub-prime credit and the tendencies and risk factors of
sub-prime student borrowers. We offer a wide range of student receivable financing programs
to fit the needs of all of your financing applicants, regardless of credit class. Understanding that your school may desire to enroll students that do not meet our receivable purchase criteria’s, we also offer servicing-to-purchase and loan-servicing programs to accommodate your needs.

We offer 12 to 60 month terms on our student finance programs to make repayment as easy as possible for your students.

Receivable Purchase: Paramount will purchase your student tuition receivables that most other lenders will not consider. We typically purchase contracts with terms from 12 to 60 months and up to $6,000. Our limited-recourse programs enable you to immediately recognize increased revenue and cash flow from your enrollments without the risk associated with traditional recourse and reserve based programs. Programs are available for longer term education and higher loan amounts.

Servicing to Purchase: Our innovative “Servicing to Purchase” program is designed to accelerate your revenue and cash flow on tuition receivables that do not qualify for our receivable purchase programs. These receivables are serviced or managed while the student is in school and for a number of post graduation payments. Once the pre-defined number of payments are made he receivable is purchased from the school per the pre-agreed terms and conditions.

Receivable Servicing: For those receivables that do not qualify for ay of our other programs which your institution has originated we will service the account for a reasonable fee. The same aggressive collection activity is applied to this category of accounts that is used on our own portfolio providing you with the best chance of payment. Our fees are based on collections so if you don’t get paid we don’t get paid.