BENEFITS

The benefits of using Deficit Funding are easy to understand:

An association who uses Deficit Founding no longer has to track bad debt, worry about having necessary funds to provide services or deal with collection attorneys, legal fees and associated costs.
Deficit Founding clients will be able to focus on the association and its business and no longer spend valuable time on delinquencies and tracking down necessary funds.
Deficit Founding manages an association’s delinquent accounts and collection process. Fully Funded assumes the risks and pays all the legal costs associated with the delinquent owners’ accounts in exchange for the right to collect the unpaid association dues on behalf of the association. Deficit Founding then acquires the late fees, interest and assignment of the association’s lien and collection rights.