Debt Collection & Recovery
Corporate Services researchers have ascertained that UAE based organisations are currently carrying a large amount of uncollected debts. Aggressive marketing strategies, competition and potential for non payment from a transient customer base have led some institutions to carry unusually high amounts of bad debts.
It is no secret that industry and commerce have suffered due to slow payment and non-payment of debts in the UAE. Corporate Services can assist in the mitigation of the risks associated with fraud and poor business ethics through professional debt collection services.
Our approach
Corporate Services and its various teams approach Debt Collection in a structured and integrated manner. We work closely with the Prosecutors offices and will handle all liaisons between client, debtor and the prosecution where applicable. This gives you more time to focus on growing your business and operations without wasting time going through the tedious legal process of tracing and recovery. Corporate Services has full time legal advisors and recovery specialists who are supported by an investigative team to assess, locate and identify the assets of the debtor. FSG is also purchasing and developing infrastructure built exclusively for debt collection operations.
Capabilities
Regardless of who the debtor is, our Debt Collection team, supported by our Investigations teams can offer a modern and professional service for all business sizes, corporate customers, banks and financial institutions. The recovery team has also led the way in resolving complicated cases where restructuring the debt and holding assets as collateral have been necessary. Instead of focusing only on the larger valued cash cases as our competitors do, Corporate Services looks at the total need (in aggregate) of the customer in recovery operations and collection of monies owed. There is no minimum amount. Corporate Services will review all requests for collections operations.
Fees
Our Debt Collection and Recovery fees are purely performance based. Please contact us to discuss your requirements in confidence.
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