Corporate

Debt recovery is PCM’s main service where the client will be invoiced for a commission for the successful recovery of a debt. In this situation the client retains ownership of the debt and PCM will act as the client's agent in dealing with the defaulting party.

Commission-based fees are performance related and hence, are only payable on the successful recovery of the debt. Recovered funds are held on our clients' behalf in an audited trust account and remitted to the client based upon the contract or terms and conditions.

PCM can also facilitate a debt purchase facility, which allows the clients to sell whole or part of their debt portfolio to PCM. PCM then obtains ownership of the debt portfolio and seeks to recover any outstanding monies from the defaulting party. PCM will therefore, rightfully own any and all monies recovered. This is proving to become a popular method for businesses to displace their bad debts quickly and efficiently, thereby assisting cash flow, profitability and reduced liabilities.