Full Receivables Management
From the day an account becomes overdue right through to legal enforcement, we provide a full service on debt collection for a monthly fee.
Benefits for your business:
- Focus on your core business – while we take care of recovering your overdue accounts
- This retainer will provide the client UNLIMITED COLLECTIONS for a period of 12 months and will allow the client to get their cash flow and core business objectives back on track.
- Reduce your operating costs – We are experts in debt collection, by outsourcing your overdue accounts receivable we get the job done for the cost of less than one employee
- Reduces your risk of breaching compliance and regulatory obligations and legislation including ACCC & ASIC debt collection directives, the National Privacy Principles and Privacy Act.
We Know What it Takes to Get Debts Paid
With over 20 years of experience in the B2B debt recovery industry, we understand the importance of maintaining healthy business relationships with clients and that it’s vital for every successful business. For this reason, our approach to debt collection is aimed at making it a positive experience for everyone involved. Our collection staff are always friendly and professional. We understand what it takes to get debts paid as soon as possible, and comply with all government regulations and ACCC guidelines.
Debt Recovery Litigation
If all collection efforts have been exhausted, DebtCo may recommend pursuing the matter via litigation. Legal Action will only commence with written authority from you, and each file can be individually reviewed with your Account Manager prior to confirming instructions.
Our in-house lawyers, Francom Legal, provide comprehensive legal services for all our client's debt recovery needs. Francom Legal pride themselves in delivering an effective, reliable and ethical service for every client.
Flexibility For You
To offer our clients flexibility and be used as a strategic outsource partner, we offer a “No collection, No Fee” structure with no lock-in contracts on all debt recovered from our portfolio ranging from $100 to over $100,000.