Debt Purchase is buying performing och non-performing, secure and unsecured debts from a company. The price depends on the age and quality of the debt. Axactor can buy all or parts of your debts. We analyze the debt and give an offer of what we can pay for it. You get more value and cash flow and the debtor get new payment options.
Axactor has a well-functioning integration process of new portfolios ensuring that the portfolios quickly get into production. As soon as the cases has been transferred to Axactor, our experienced employees get started on the collection.
Let us take over the risk and work with getting paid for your invoices.
Axactor helps many customers with both amicable and legal collection services. Amicable collection is when Axactor takes over recovery of the debt before the claims become enforceable or when the customer decides. But sometimes it’s necessary to take legal action to recover a debt. Axactor have teams that can prepare all the legal actions required to present the case for the court. We also continue to do amicable collection to solve the case as smooth as possible.
If the debt is not recovered through amicable or legal collection, the debt can be put on surveillance. We have specialized teams that can monitor and detect change in the financial circumstances of your customers. In such cases we get in contact with the debtor directly to agree on a payment schedule. This enables you to receive money from claims that you might already have written off.
We give you a quick and smooth requirement process and manage your late payments with friendliness and firmness so that you can continue to have a positive relationship with your customers. Axactor helps you get your payments faster and bring down outstanding credits.
You focus on your business, we’ll take care of your late payments.
The introduction of a specialist partner with a proven track record of results such as Axactor in NPL management services in both the amicable and legal phases and the implementation of the sector best practices would entail a potential improvement in operating efficiency rates.
With the aim of building long-term relationships with financial institutions, Axactor proposes a model which makes it possible to give added value to the institution both from an operational and management point of view and from the perspective of satisfying its economic interests.
Our BPO & Carve out model proposes a services agreement with a duration of 5-10 years which principally permits our clients to obtain improvements in efficiency,optimisation of resources and flexibility in contracts