Founded in 1995, Asta Funding is one of the leading consumer receivable asset management companies in the United States. It specializes in the purchase, management and liquidation of performing and nonperforming consumer receivables. The company's receivables include MasterCard, Visa and other credit card accounts that are issued through banks and consumer loans issued by credit grantors. It is responsible for the preparation of bid proposals and negotiating and executing a purchase contract. Asta Funding manages various subsidiaries, such as Asta Commercial, Citizens Lending Group, and Ventura Services. It has a customer service department that handles incoming calls from debtors and third-party collection agencies. The company employs a work force of more than 150 people.
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