Entries by Black Fox

Is your debtors book causing you concern?

We have assisted many companies and organisations significantly reduce their debtor’s book and increase their cash flow in a short period of time. From suppliers to the motor industry, to fashion brands, retailers and prepaid electricity and airtime distribution companies, we have assisted them be reducing their debtor’s books by up to 90%. We deal […]

Ten tips to maintaining a healthy credit rating

We should always try to maintain a healthy credit record. After all it’s one of the first things lenders and credit providers look at when deciding if they should provide you with credit. Your credit record will highly likely affect the outcome of your application for any of the following, a credit card, a personal […]

A corporate debt collection success story

We were recently contacted by a major international clothing brand that was struggling with a sizable debt portfolio. Additionally they were dissatisfied about the cost of legal fees in pursuing their debtors. It has been less than 6 months since we started managing their debt portfolio. We have already received payments on more than 70% […]

What is an Incidental Credit Agreement?

The National Credit Act defines an “Incidental credit agreement” as: “An agreement, irrespective of its form, in terms of which an account was tendered for goods or services that have been provided to the consumer, or goods or services that are to be provided to a consumer over a period of time and either or […]