The Sagres Company Secures $10 Million for Debt Purchases
July 6, 2006

San Diego, California; –The Sagres Company, announced today that it has secured a commitment from a private investment firm for $10 million in capital for the purpose of purchasing charged-off receivables. The company will continue to build long-term relationships with originators, while pursuing its efforts to obtain forward flow and large bulk portfolio purchase opportunities. The Sagres Company, a 13-year leader in the charged-off debt industry, buys, sells and collects charged-off accounts receivable. For more information about The Sagres Company, please contact Jerry Greenblatt at 858-334-4400.