Kredcor Articles
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 »
Table of Contents 1. The Short Answer: What to Look For First If you want to know how to choose the best debt collector in South Africa for your business, here it is in plain language: look for a registered, contingency-based collector who specialises in commercial (B2B) debt, assigns you a dedicated relationship manager, and
We want to be your first choice of debt collectors in South Africa – let us handle your pre-lagal process, including each Letter of Demand. Table of Contents The Short Answer: What Makes a Letter of Demand Work Knowing how to write a letter of demand that actually gets paid in South Africa comes down
How to Write a Powerful Letter of Demand That Actually Gets Paid in South Africa Read More »
Kredcor wants to be your debt collector in south africa, let us assist you with every acknowledgement of debt Table of Contents The Short Answer: What Is an Acknowledgement of Debt? An Acknowledgement of Debt (AOD) is a written, signed document in which a debtor formally confirms that they owe a specific amount of money
What Is an Acknowledgement of Debt (AOD) and Why Does It Really Matter? Read More »