Account Receivables & Recovery
Global Asset Finance Limited with a specialist receivables management team experienced in both public and private sectors B2B and B2C and across a diverse range of industries.
• Tracing Absconders.
• Counselling Debtors.
• Negotiating Settlements.
• Monitoring payment plan’s
• Repossession of assets and equipment
• Status Reports
• Consumer and Company Credit Status Reports.
• Legal Services for Default.
• Client Representation in Court
• Debt and Commercial Litigation
Credit Control
Given the limitations on headcount and the modern philosophy of outsourcing, Global provides its clients with a well established Credit Control Service.
In its simplest form, the facility comprises the dispatch of in-house reminders under the client's own identity and at pre-determined intervals. A more complex and usual requirement incorporates payments handling, pro-active telephone chasing and some customer services element, all under the client's own identity.
Where a client requires a rolling collection process, through Credit Control, Debt Collection and Litigation, the client never suspects that they are dealing with the same organisation throughout. In effect Global becomes an integral part of a client's operations.
The electronic exchange of data supports the process throughout and can even include regular audits. Of course, clients may have 'on-line' access to their own data and may send and receive messages by the integral Global's e-mail facility.
Debt Collection
Credit is again growing rapidly, after a pause during the early 90's, because the provision of credit remains fundamental to our commercial society. Credit screening and scoring are greatly improved, after the experience of the last deep recession. Yet, there will always be debt and there must be a professional industry for its collection. To recognise the bad credit risk must be first base. However, where credit screening fails and in-house collection activity is not working, the involvement of a Debt Collection Agency is increasingly the preferred solution.
We deploy the whole range of collection solutions; the most flexible lettering and telephone collection system and a close alliance with other agents who provide door to door collections together with a partnership with solicitors to provide enforcement.
We are not only interested in Prime Debt, we are also enthusiastic about Post Legal, Write Off, Second Placement and Trace and Collect.
Reports
The old adage that prevention is better than cure can seldom have been more apt than in the credit business.
Field Support Services
As modern business return to core products and activities, it's important for them to establish and progressively develop partnerships with external contractors.
In fact, the term external is not entirely appropriate, since the relationship should be so close that the contractor is perceived as an integral part of the business.
One of the most challenging activities to be outsourced is any kind of field operation, given the implications for communication, supervision and control, the kind of clients that require this field support are particularly sensitive to the quality of customer contact and management.
Enforcement of Debts
We regard Distress or Distrait as a last resort and settle the vast majority of debts by our dialogue with the debtor, or court action what is more appropriate.
Reporting to Clients
The design of the reports can be specific to meet the client's needs and can be generated daily, weekly, monthly, quarterly or yearly.
Contact us today for a confidential talk. We'll show you a positive way forward. To speak to an adviser, who will call you to discuss your specific requirements. Please click onto the contact form and one of our experts will call you back.
