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Debt Collection

Recovering unpaid debts can be particularly difficult especially when different languages, time zones and cultural processes are added into the mix, let alone the travel impossibility during the post-pandemic era.

 

However, our global debt collection team has the specialist skills to recover your money in any part of the world under any restricted situation – from the UK to Europe, America, Australia, China and beyond.

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In Negotiation

With no upfront fee, our fully regulated and accredited debt collection experts work on a no collection, no fee basis. We would also go great length to maintain your brand’s image and reputation while getting your money back. Your debt situation will be carefully assessed by us so that the most appropriate action would be determined to recover your money in a professional, legal and ethical manner.

Our customised debt collection solutions are provided based on two basic types of debt collection approaches.

  1. Either we recover your debt and take a certain percentage of the money collected as service charges.

  2. Or we take your bad debt case and buy it from you. Overnight you can have a healthy cash flow and be free from delinquent debts. With your bad debts becoming our responsibility now, you can get back to focusing on and growing your business.

Think we could help your business or want to know more about our services? Please do get in contact through any of the following ways!

Why Choose Nu-Credits:

At Nu-Credits, we focus on providing your business with simple and cost-efficient debt recovery solutions that is tailor-made for your business.

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Global Team 

Our global debt collection team has the specialist skills to recover your money in any part of the world  – from the UK to Europe, America, Australia, China and beyond.

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Speediness

You will contact you regarding your enquiry within 24 hours

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Ethical, Tailor-made Solutions

Your debt situation will be carefully assessed by us so that the most appropriate action would be determined to recover your money in a professional, legal and ethical manner.

​Interested in a customised debt collection solution? Please don’t hesitate to in touch with us!

How to apply?

Get a free quote by providing essential information regarding your debt

1.

We assess the debt you uploaded and provide you with a preliminary quote with a terms sheet within 24 hours that lists the general deal terms based on the specific debt situation, such as location, debtor’s financials...

2.

Once having accepted the quote, we send you an email providing the link to upload relevant information and documents to set up the case with us.

3.

After we reviewed all the information and documents, an agreement will be sent for you to sign. Your underwriting the agreement means you have placed the collection case with us.

4.

Our collection process will start after you have placed the case with us. You will get the payment according to the agreement terms should no exceptional situation comes up.

5.

Let's get your business on the right track! 

  • How does Export Financing work?
    It is simple. After the goods or services are sold to your client, we will buy the invoices from you for a discounted price. In addition, we will take over all the responsibilities of collecting it.
  • How long will it take until my invoices are paid for?
    Our experienced team will evaluate the application of your business within 24 hours of receiving it.
  • What countries do Nu-Credits cover?
    Being a global company has its benefits. Having worldwide partners all over the world we can evaluate your application globally be it the EU, Japan, China or any other jurisdiction. Have any clients in China but cannot afford to wait for a long time until the invoices are covered? We will collect it on behalf of you.
  • What industries do you work with?
    NU Credits cover wide scope of industries. Industries that we work with include Manufacturing, Agriculture, Business, IT Services, Wholesale Trade and others. For more inquiries please contact us in the form below.
  • What are the benefits of invoice factoring with Nu-Credits?
    1. It solves cashflow challenges. 2. Gives you more time to focus on core business operations. 3. Reduction of your DSO (Days Sales Outstanding). 4. Unlimited Capital for your business growth. 5. Factoring transaction is a sale, not a loan so it does not affect your creditworthiness.
  • I want to export merchandise to my client in China but cannot afford to wait for 90 days until my invoices are covered. My bank has decided not to issue a credit because of my creditworthiness before, can I still apply for my invoice to be sold to NU Credits?"
    Yes. As long as your client has a good credit history, we will be more than willing to buy the invoice from your business.

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