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What is debt collection?

THE LONGER ONE WAITS, THE GREATER THE DANGER  IS OF NEVER COLLECTING THE DEBT


Did you know:


  • 83% of exporters experienced overdue payments
  • On average, 70% of overdue payments came from existing buyers
  • Key reasons for overdue payments are buyers having financial difficulties or mismanaging payments
  • 53% suffered from bad debts in the past 3 years, with an average annual amount of HKD200,000


Source: Euler Hermes Hong Kong Market Survey 2014

 

  Debt collection with Euler Hermes

At Euler Hermes we help you collecting your debts through a wide range of global solutions for commercial debt collection.

We will work in any market, in any time zone, conduct negotiations in various languages, and deal with the intricacies of any local legal system.

Moreover, you'll be able to take advantage of our debt collection service, if you hold a credit insurance policy​ policy with us.