Debt Management and Collection in Dubai

Debt Management and Collection in Dubai

September 30, 2015
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Credit management and recovery is a problem for every small and big business, and every business needs debt advice sooner or later. A halt in credit flow is considered problematic as the impact has a domino effect on all areas of a business. Debt collection is a time consuming activity which requires resources, expertise and understanding to convince a default customer to release outstanding dues. Debt Collections is normally outsourced to specialized debt collection companies. With the increasing levels of global debt and defaults occurring more frequently debt collections is an area of business which continues to grow and flourish globally.

Debt Recovery Services

Debt recovery services are generally outsourced partially or completely, as managing debt effectively on time is very important for the ongoing concern of any business. These services include providing the clients with high quality solutions, enhancing financial securities and recovering the payments on time.

Debt Management Consultants

Debt Management Consultants have the expertise in managing running or aged finances strategically. Prolonged debts lose the chance of recovery and require more time and efforts. Debt consultants and companies function in such a way that they have complete financial knowledge of their client. They keep a track of sales, expenses and outstanding debts to run the process smoothly. Debt consultants give strategic solutions to their clients in order to avoid sinking deeply in debts.

Benefits of Hiring Debt Management Consultants

Debt consultancy is a cost effective service with low initial upfront costs. When a recovery officer is involved, customers normally tend to resolve payments quicker. Outsourcing time consuming and specialized activity allows businesses to focus more on their core business objective.

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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