Case Study - How We Work

Problem: A city has $25M in uncollected parking, moving or photo enforcement citations -- all are aged 90 days to 7 years

PFS takes assignment of cash flow.

PFS hires servicer to collect receivables under an asset management agreement with a defined collection program designed in conjunction with the government.

• Advance is non recourse


• Advance can be in cash or transportation related equipment such as photo enforcement approaches for red light or speed enforcement, mobile vehicles for speed enforcement, mobile vehicles with license plate recognition software for parking enforcement parking meters, automated citation issuance devices etc.


• City participates in upside of transaction once advance is recovered with a revenue sharing agreement.