Dealing with debt can be a real headache, wondering about the prices, the fees structure the agencies are charging based on, where to find the best debt collection agency for your industry and how to choose between multiple options?
In this blog we will answer all these questions but before we dig deep, let’s find out the benefits of hiring a debt collection agency in Dubai.
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ToggleBenefits of Hiring a Debt Collection Agency in Dubai:
Growth Opportunities:
By recovering outstanding debts, businesses can unlock tied-up capital, allowing them to invest in expansion, new products, or marketing initiatives. This influx of recovered funds can be the catalyst for scaling operations and capturing larger market shares.
Survival of the Business:
A Debt Collection Agency in Dubai can help ensure that your hard-earned money doesn’t slip through the cracks, safeguarding your company’s financial health and longevity.
Steady Cash Flow:
Businesses can better manage their finances, make informed decisions, and weather economic uncertainties. This stability forms the foundation for sustained business success, allowing companies to focus on core operations rather than chasing payments.
Meet Financial Obligations:
With improved cash flow, companies can pay suppliers on time, maintaining good relationships and potentially negotiating better terms. This reliability can lead to preferential treatment, discounts, or extended credit lines from suppliers, further boosting the business’s financial position.
Payroll without Fail:
This consistency not only maintains employee morale but also enhances the company’s reputation as a reliable employer, attracting and retaining top talent in the competitive Dubai market.
Invest in Necessary Resources:
This focused approach allows companies to stay ahead of the competition and seize new opportunities as they arise
Factors to consider when selecting a debt collection agency in Dubai:
Debt Collection Fees
The first thing our eye catch when buying anything is the price, just like in the B2B transactions, most of the decision makers take the fees matter into consideration very serious as a major factor to employ or utilize a service for the company, so look for a no win no fee option when selecting a debt collection agency in Dubai.
Reporting
We will keep you posted; this phrase needs to be an actual act not just words to hear from the debt collection agency in Dubai that you will hire, regular reporting and feedback whether by emails or phone calls is an important and professionalism factor.
Maintain Customer Relations
The debtor is not your enemy, he may be a regular customer for your firm or important business partner, but he faced some obstacles that resulted to default for his payments to you, so when considering recovering from him by a third party (Debt Collection Agency in Dubai) deal with the one that will save the business relation, mediate and cooperate instead of compromising or lobbying.
Success Rate
This factor is vital because this is how much money you would retrieve, think of the percentage that the debt collection agency in Dubai will ask or signed for with you from the first place, so the higher the success rate of this agency is the more money you can likely recover.
Experience
A good indicator before meeting with the representatives of the debt collection agency in Dubai, since when do they practice this profession, do they really collected before from the sector that I work for, or my debtor is operating at?
AW UAE for B2B Debt Collection Services in Dubai:
AW UAE understands the unique challenges businesses face when it comes to recovering outstanding payments. With our local expertise, competitive pricing, and standardized processes, we’re committed to delivering seamless results that put your business first.
Serving clients across 150+ countries, our dedicated team of debt collection experts is strategically based in Dubai, allowing us to navigate the local landscape.
AW UAE Fees Policy for Debt Collection Services:
Our pricing structure is clear and straightforward, with no collection, no fees policy.
This commitment to honesty and accountability is what sets us apart, guaranteeing your return of investment when hiring us, you only charge when we collect and deliver to you the debt and we just get a fair percentage from the debt that suits both of us.
AW UAE Success Rate in the Debt Collection Cases:
As a leading B2B debt collection agency in Dubai, AW UAE has firmly established its reputation for delivering exceptional results. With a proven success rate of 45-55% across more than 160,000 cases handled per year, the company has consistently demonstrated its ability to recover outstanding debts efficiently and effectively.
AW UAE Industry Experience:
Backed by standardized processes and a wealth of industry knowledge such as:
- International Trade & Credit
- Finance
- Real Estate & Development
- Construction
- Heavy Industry
- Power & Technology
- Healthcare & MedTech
- Tourism & Hospitality
AW UAE delivers reliable, results-driven solutions tailored to your unique needs in your business. Whether you’re dealing with domestic or international B2B debt, our team will recover your funds, safeguarding your cash flow and bottom line.
Trust AW UAE to be your reliable partner in the world of B2B debt collection and Contact us Now!
FAQ
How Long can a debt be chased in Dubai?
It depends on a lot of factors, but generally it could last for 15 years as a time limit to be chased in Dubai.
Is Debt a Criminal cases in Dubai?
It would be considered as a criminal in case of fraud and forged cheques, otherwise it is a commercial case.