Debt Collection Service

Get Started

Follow Us

Debt Collection Service

When an individual or a company takes a loan from a financial institution and particular period to pay back the loan but the individual or company defaults, then the financial institution will receive the service of a third party also known as a debt collection party. This party is informed when the individual or company defaults in repaying the loan within the stipulated period. Debt collection is an essential process that businesses use. When an individual or the company does not repay the loan their credit rating/ credit score gets affected. There are different methods of collecting the debt. The following techniques are followed :
1. Non-Legal Methods
2. Legal Methods
Non-Legal Methods are more friendly methods which are used by commercial parties. These types of methods will not affect the reputation of either party who are involved in the process of debt collection. These methods are including negotiation, out of court settlement, meetings in persons to settle the debt professionally, conferencing the situation which will provide more information on the debt.
Legal methods are more harsh methods which will affect the reputation of the parties. This process will involve issuing a notice to the debtor about paying the amount of debt. After this, the process will go to court.

Scope of Debt Collection Service

Fintechasia is the best debt collection outsourcing company in Asia. To achieve this, we have expert professionals specializing in the field of finance and law. Our goal is to achieve the breakeven by providing competency in debt collection services and at the same time, not affecting the reputation of your company. To ensure that we reach this goal, our approach will be based purely on non-legal methods. If there is no possibility of collecting the debt through non-legal means, then we would tend to resort to legal means.

Why use Fintechasia Debt Collection Outsourcing Services?

  • We have a dedicated team of professionals in finance and law having expertise in matters related to debt collection
  • Handle the needs of the client in a professional manner
  • Our team of legal professionals will handle your debt collection. You would not need to recruit external lawyers or counsels to manage this process
  • Our Fees is minimal
  • Maximum optimization of your resources
  • Your business reputation will be preserved, and your existing contacts/clients would want to conduct further business
  • Best debt collection services
  • Our process of debt collection includes effective negotiation and out of court settlement.
  • Your business can focus on other goals leaving the debt collection services to us.

Service Process in Brief

  • While our debt collection process is based on non-legal methods, we would only resort to legal methods after pursing the non-legal methods.
  • Visit our website to drop in your information regarding the debt.
  • Alternatively, you can contact us on the provided number with the information about your debt.

For collecting the debt, we need updated information on the following-

  • The Amount of Debt that is taken by the debtor
  • Any interest on the debt or interest that is accrued on the debt
  • Address of the Debtor
  • Any other supporting information regarding the amount of debt such as email correspondence
  • The above would be applicable for individual clients as well as business clients.

Our team of professionals will get back to you to discuss certain things such as the process of debt collection and provide you with a timeline within which the debt would be collected.

Any other information you need can be discussed with our professionals during the initial consultation process.

Need Some Help

Contact Us

Benefits of taking Debt Collection Services

Our team of expert professionals are well versed in the debt recovery process

  • Saves time and expense by outsourcing the work to Fintechasia
  • Your organization can concentrate on the main goals and leave the services to our team of expert professionals
  • Our service would provide you with a debt recovery timeline and case management status of your debt
  • Your business can rely on our in house team of counsels and don’t need to consult external lawyers/counsels for this process
  • As our debt recovery service is more based on a non-legal basis, this would not affect your reputation and get the debt recovered in an amicable way

Growth opportunities

  • Using our service would not affect the reputation of your business, and you can maintain existing amicable relations with your contacts/clients
  • Your business can diversify into other areas and leave the debt recovery process to our team

Our Partners

TNW
CNBC
BS
Outlook
Business Insiser
ABP Live

What Our Client Is Saying

Wuhan Ching

Wuhan Ching

China

Right from NBFC consultation to Auditing Services, Fintechasia is a one stop shop for all your professional needs. They were very courteous and professional in their approach. We would definitely recommend their service to anyone seeking professional help

Tobby Carioca

Tobby Carioca

Malaysia

Fintechasia has provided me exceptional service when I consulted them for my NBFC business. From initial consultation to registering my NBFC business they were proficient and expert in their advice. I would highly recommend them for NBFC services.

Need Consulting? Contact Us Now!