Credit Base (HK) LTD.
Professional and Legal Debt Collector
Founded in 1988, Credit Base (HK) LTD. has served over 12,000 clients, including government departments, listed companies, various industries, and individual debt collections, with a high success rate.
Our Story
Serving Our Clients with Our Legal Debt CollectionServices since 1988
Credit Base's “Receivable Management Service” is one of the most effective ways to collect both current and past-due accounts for businesses. It is designed to complement your existing cash recovery procedures and aims to improve your company's cash flow and ensure more profit.
Our Service
Commercial Debt Collection Services
All accounts entrusted to Credit Base (HK) LTD. are immediately assigned a detailed debt collection plan. For each claim, the most appropriate collection strategy is formulated, including one or a combination of the following: demand letters, negotiation telephone calls, and professional, individual visits during the day and night to recover bad and overdue debts for our clients. We customize different debt collection plans according to the nature of the businesses and accounts, using multiple collection methods to pressure debtors and speed up the recovery of bad debts.
Bad Debt Recovery Rate
Since our establishment in 1988, Credit Base (HK) LTD. has been a trusted debt collector by many, serving over 12,000 clients and successfully recovering bad debts for them. Regardless of the number or amount of debts, we can quickly help clients recover bad debts through entirely legal means. If you are facing bad debt issues, we recommend entrusting us with the collection as soon as possible to help you recover funds and utilize them better.
Schedule an Appointment
Our professional credit consultants will carefully study your case details and design the most suitable collection plan to help you recover debts as soon as possible. Schedule an appointment to meet with our credit consultants today!
What is Debt Collection?
Delaying in collecting debt can be detrimental to a business’s cash flow and business performance. Late payments are unavoidable in business and there is a possibility that this could result in unpaid invoices. Here’s where we come in. We can help your business avoid overdue payments by being the middleman and your debt collector.
What services do we offer?
Commercial Collection Service
This is where we specialise in collecting outstanding debts on behalf of you or your business. We can help recover unpaid invoices, and past-due accounts through negotiation, communication and legal means.
Credit Report
This is a crucial tool that will provide an individual or business’ credit history. With this information we can understand company’s financial situation and determine what the best approach would be to recover your outstanding debts.
Local Reference Report
This document would give us information about your reputation, character and financial history within Hong Kong, helping us to tailor our strategies effectively.
Problem Account Record Scan
Scan a particular person or company’s public records, determining the extent of any issues and what necessary actions should be taken.
Key Account Monitoring System
Monitor specific account financial changes and consider adjusting debt collection strategies based on these changes.
Demand Letter
This is a straight forward letter we would send to the debtor while maintaining a good relationship with them.
How Can You Benefit From Our Services?
- Our experienced debt collectors are legal experts who use advanced techniques, including psychology and negotiation, to recover debts efficiently. Backed by our cutting-edge technology and extensive database, we boast a high success rate.
- We'll take care of the tedious task of debt collection, freeing up your time to focus on other business matters. You'll receive progress updates within seven business days, complete with a recovery assessment.
- Timely debt collection will help to improve your cash flow, improving your business performance.
- We offer customized debt collection solutions for even the most challenging cases, ensuring your business reputation remains intact while maximizing recovery rates.
FAQs About Debt collection Services in Hong Kong
1. What should I do if a debtor complains about harassment?
If a debtor complains about harassment, we take the matter very seriously. We review the interactions between our agents and the debtor and ensure all actions taken comply with Hong Kong laws. We also work to resolve any misunderstandings and adjust our approach if necessary.
2. Are aggressive collection practices part of your strategy?
Absolutely not. We do not employ aggressive tactics such as harassment or intimidation. Our approach is firm but fair, focusing on professional and legal methods to recover debts.
3. How can I verify your legitimacy as a debt collection agency?
We are a fully registered business in Hong Kong, compliant with all local regulations applicable to our operations. We are transparent about our business registration details and the authorization we hold from our clients to collect debts on their behalf.
4. Can I negotiate debt amounts with you on behalf of a debtor?
Yes, we are open to negotiations to reach a settlement that is acceptable to all parties involved. We aim to find feasible solutions that enable debtors to fulfill their obligations and protect our clients' interests.
5. How much does Credit Base charge?
Every client is different, as we take flexible approaches for different requirements. In general, we take a percentage of the debt amount that successfully help you to collect.