By Kredcor — South Africa’s Commercial Debt Recovery Partners | Registered with the Council for Debt Collectors (Reg Nr 0016365/06) | 26+ Years of Unblemished Experience The short answer: In South Africa, most commercial debts prescribe — meaning they become legally unenforceable — after three years from the date the debt became due, under the […]
If you manage cash flow, credit risk, or overdue accounts, here’s the short version: ethical debt collection is not “soft” debt collection — it is smart, compliant, and more effective debt collection. The businesses that recover faster (and protect relationships, reputation, and legal position) are usually the ones that use a clear process, proper documentation,
Hey there, if you’re a busy SME owner, credit manager, or financial whizz juggling invoices and chasing payments in South Africa, you’ve probably heard whispers about the Section 129 Notice. It’s that critical letter that can make or break your debt recovery game. Stick with me – this guide will arm you with everything you need
Ultimate Guide to the Section 129 Notice: What It Is and Why It Matters Read More »
The Short Answer: For the heavy-hitters in the Ethekwini and Pietermaritzburg regions, debt collectors Kwa Zulu Natal must be experts in industrial and logistics recovery. KZN is the gateway for South African imports and exports; when the supply chain breaks, debt follows. The most successful collectors in KZN are those who understand Incoterms, Bill of
B2B debt collectors Cape Town The Short Answer: Finding effective debt collectors Cape Town requires a partner who understands the Western Cape’s unique economic mix of international tourism, maritime trade, and a booming SME “Silicon Cape” sector. Unlike the aggressive corporate nature of JHB, Cape Town collections often require a highly diplomatic, “soft-touch” mediation approach
The Short Answer: When searching for debt collectors Johannesburg businesses rely on, the priority is velocity and compliance. In the fast-paced Gauteng economy, B2B debt loses 15% of its value every 90 days it remains unpaid. The most effective debt collectors in Johannesburg are those who specialize in Commercial (B2B) recovery, operate on a “No-Success,
By Kredcor — South Africa’s Commercial Debt Recovery Partners | Registered with the Council for Debt Collectors (Reg Nr 0016365/06) If you want a straight answer: the most important credit management indicators are the financial ratios and performance metrics that tell you, at a glance, whether your customers can — and will — pay you.
Knowing how to choose between an attorney and a debt collector is one of the most valuable skills a credit manager, CFO or SME owner can have. Get it right and you recover your money faster, at a lower cost, while protecting your client relationships. Get it wrong and you end up with runaway legal
The Smart Guide: How to Choose Between an Attorney and a Debt Collector in South Africa Read More »
The cost of bad debt on SA SMEs is not just a line item on a financial statement. For thousands of small and medium enterprises across South Africa, it is the single biggest threat to survival. If you are an SME owner, credit manager, financial manager or CFO, you already feel it — in your
The Cost of Bad Debt on SA SMEs — And What You Can Do About It Right Now Read More »
By Kredcor — South Africa’s Commercial Debt Recovery Partners | Registered with the Council for Debt Collectors (Reg Nr 0016365/06) | 26+ years’ experience The debt collection process in South Africa typically has 5 stages – Reminder, LoD, Pre-Legal, Legal, Listing. If you’re a business owner, credit manager, or CFO in South Africa and your
The Complete, Proven Guide to the Debt Collection Process in South Africa Read More »