CREDIT RECOVERY SERVICES

CREDIT RECOVERY SERVICES

Collecting payment on products and services is essential for companies in order to survive. However not all customers pay back their credit on time.
April 6, 2016
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DEBT – CREDIT RECOVERY SERVICES UAE

Companies usually don’t have time to make frequent phone calls and write numerous letters to their customer in an effort to collect delinquent debts and as the debt grows older, it becomes more difficult to retrieve. As companies become unsuccessful and are unable to recover payments, hiring a third party debt collection agency is the best option for recovering unpaid debts and increasing a business’s bottom line.

Benefits of employing a debt collection agency

  • Save on resources and money

Instead of allocating staff members to contact debtors when it isn’t a part of their job description or their position can be extremely time consuming as they are not well versed when it comes to debt collecting . By hiring a debt collection agency, companies can expect results at a fast rate as these agencies core focus will be trying to contact debtors.

  • It will help you to keep focused on your business

Agencies can take care of all of a company’s payments that are owed to them allowing the company to focus on core services of the business, expanding and finding new clients.

  • Receive your cash sooner

By outsourcing debt collecting to a company that specializes in debt recovery services, businesses are practically guaranteed to receive their payments much faster than if the business tried to retrieve the payment themselves.

  • Possibly save on legal costs and further stress

In the event that a business has the bother of chasing up with telephone calls and conceivable legal activity later on this will just create more stress for business owners. By utilizing a debt collection agency to handle the greater part of this, businesses can concentrate on what’s truly essential and leave retrieval of payments to the specialists.

Peninsula Business Solutions (PBS) is an expert Debt Collection Agency. Our Debt Collectors dependably work to the highest of standards. As debt collectors we are constantly aware of future client connections and are professionals in the way we approach your customers.

We get installment of your past due records utilizing a built up mix of letters, faxes, messages and phone calls each intended for achieving the early settlement of your record. Our accumulation exertion is raised with each endeavor we make to gather your record however the precise procedure we take after is adaptable since every obligation is taken care of independently.

 What we can offer our clients

  • Highly skilled and experienced workforce with an extensive knowledge in banking and debt collection
  • Effective debt collection processes that will ensure results
  • Our gracious, yet firm way to deal with debtors that won’t distance the debtor
  • Our dedication to providing highly professional and customized debt collection solutions that maximize bad debt recovery for our clients while preserving their image and reputation

 

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About

Peninsula Business Solutions (PBS) Ltd was established in the UK in 2004 and licensed by the UK OFT (Office of Fair Trading) to provide Consumer Credit Services. We are regulated by the OFT and follow the strict guidelines provided by the UK FSA (Financial Services Authority). In 2007 PBS established a branch in the UAE which provided us international presence and the ability to expand and diversify our services along with our International network and affiliations. We specialise in providing high end professional consultancy on Company Registration in Dubai, company setup services across the UAE and Debt Recovery Services