We specialize in the collection of overdue amounts, employing diplomatic approaches to resolve debts before resorting to legal action. Our aim is to maintain positive relationships between creditors and debtors while ensuring that overdue payments are settled amicably. By using skilled negotiation and mediation techniques, we strive to find mutually acceptable solutions that prevent the need for more adversarial measures.
This approach helps preserve business relationships, minimizes legal costs, and often results in quicker debt resolution.
The repayment schedule for any loan sanctioned will be fixed taking into account paying capacity and cash flow pattern of the borrower.
We implement a strategy for collections. Our teams use dunning letters to collect on overdue receivables and prevent accounts from going delinquent. A dunning letter is a collection notice sent to a customer explaining that a payment they owe is overdue. They help the business communicate with its customers and prevent delinquent accounts.