News Article

Debt Collection welcome Credebt

By CreditMan Friday, January 13, 2012 has been developing and growing its panel members to provide our user with a better and more comprehensive choice. Credebt is a highly respected company that provides a set of wide ranging products to help you recover your debt.

Their mission is to be the leading Provider of Collection Services to the Invoice Finance, Insolvency, Turnaround and Corporate Markets in the UK. They turn invoices into Cash for their clients through several business areas:

Credebt Insolvency Collections

Credebt offer Debtor Book Realisation and Factor Collect out services to Insolvency Practitioners and ABL's to enable them to realise the Debtor book quickly and efficiently in an Administration or Liquidation.

Credebt Sales Ledger Audits

Credebt audit the ledger on take on, to ensure everyone knows a realistic realisation amount from day one. As part of this service they often get involved Pre appointment and work with businesses with large overdue Sales ledgers to improve their order to cash process and release valuable cash back into the business.

Credebt Turnaround and Corporate Collections(Including SME)

As a result of their work for Turnaround businesses Credebt can then take part or the entire ledger over for a period and collect out until the business cashflow has been substantially improved and the business is safe. They also provide this service as a stand-alone service to any business that requires it. Any Debt that hasn't been paid to your business, Credebt can help with.

Credebt Advisory Services

Include Credit Policies, Order to Cash Reviews, Query Management and Improvement, Cashflow Improvement advice and Invoice Financing Advice.

Credebt specialises in Debtor Book Realisation, Factoring or CID Collect Outs, Debtor Book Audit, Cash flow Improvements, Order to Cash Improvements, Working Capital Management, Invoice Query reductions, Collections Advice and support including legal Protocols and enforcements, Credit Control and Risk Management and Debt Collection and Management.

Background history of Credebt

Credebt was set up in 2009 by Glen Morgan.

Glen's highly successful Career in Credit Management prior to this spanned 18 years and including working for many Blue Chip names at a Senior level including RAC, Uniq Foods, Mitel, Anixter, Mercedes, Motability, Hydrex, Lloyds TSB and many more. During this time Glen put in place procedures and reviewed processes to drive in Tens of Millions of Pounds of overdue Debt and reduce DSO. Glen is a member of the Institute of Credit Management and all of Credebt's staff are either qualified or studying towards to ICM qualification or CPI qualified.

The staff are also all very experienced with a minimum of 8 years relevant experience to enable they have the correct skillset to collect even the most challenging Debts.