CONTACT US

AFRICAN DEBT COLLECTION SPECIALISTS

Please Contact us for Debt Collection in Africa:

We would love to hear from you because you are very important to us:

TEL: +27 (0) 73 300 5572 (Landi Maritz; Ops Manager)

Tel:  +27 (0) 11 907 4406     

CAPE TOWN:

Tel:  +27 (0) 21 202 4700

Looking after your Debt Recovery needs in Africa; anywhere in Africa!

WE WILL CONTACT YOU:

Kredcor Debt Recovery Agency – AFRICAN DEBT COLLECTION SPECIALISTS

Debt Recovery Africa
Debt Recovery Africa

HEAD OFFICE:

68 van Riebeeck Ave, Alberton North, Johannesburg, Gauteng, South Africa, 1450

Po Box 2480, Alberton, Gauteng, 1450, RSA.

TEL: +27 (0) 73 300 5572 (Landi Maritz; Ops Manager)

Tel:  +27 (0) 11 907 4406     

CAPE TOWN:   

Tel:  +27 (0)21 202 4700     Fax:  +27 (0)86 606 6230

DURBAN DEBT COLLECTION

Description of Commercial Debt

Commercial debt in short is all debt owed by a commercial venture / business to another. Therefor, unlike consumer debt, commercial debt is owed by a business and not an Individual person. Most businesses accumulate a certain level of commercial debt, especially when starting up. This is usually done through financial institutions, banks and others. Through the life of a business it is also common practise to open (credit) accounts with suppliers; either for various running expenses and/or towards the purchase of raw materials, assets (eg: vehicles, machinery, property etc…) and products (stock).

Overdue and Delinquent Commercial Debt.

When a business does not, or can not settle its creditor(s) accounts within the agreed-on period, it becomes a problem for both parties. The debtor runs the risk of his account being blocked, which can pose real threats to the existence of a business. For the Creditor, the risk of a negatively influenced cash-flow is a real head-ache. It also develops the need for unneccessary and unpleasant work to be done in order to ensure overdue payments are duly recovered.

Commercial debt collection agencies Most businesses will follow due process to ensure efficiency in controllingcash-flow, and minimize the risk of potential write-offs. Unfortunately a business often reach a point where all its afforts to obtain payment is to no avail. This is a point where it should consider making use of the services of a professional Debt Recovery Agency. Take note: at this point it is not always (and usually not) neccessary to engage in litigation immediately. Considerable savings, in time and money, can be achieved by avoiding the lenghty and costly process of litigation, by appointing a reputable, professional and efficient Debt Collection Agency.