DEBTSOURCE will assist your business in managing the entire credit extension process. We have the resources, skills and sophisticated systems principally designed to increase your cash flow and minimise bad debt, simultaneously turning your credit processes into a competitive advantage. Get your accounts paid on time every time by the credit management and credit insurance experts
Improve your cash flow
We implement strategies that reduce the length of time it takes to collect payments from customers
Reduce your bad debts
We help you select the right customers
Risk Management & Corporate Governance
We ensure you have properly documented and audited processes
Save you valuable time
We coordinate ALL the elements to ensure a successful credit management process
Newsroom
The dilemma of having qualifications with no experience remains a challenge with organisations who try to bridge the skills gap in both the skilled and professional labour factions. This challenge is often compounded by economic factors such as the low employment rate. In 2014, Debtsource, a specialist credit management company that provides complete solutions for any business that extends credit to their customers, established a learnership programme assisting students who complete their diploma in credit management to become competent and well-rounded credit management specialists. “The aim of the learnership programme is not only to open doors for employment in the credit field but to address a unique skills requirement. We<span class="excerpt-hellip"> […]</span>
Terms and conditions are often overlooked or not drafted in detail when entering into a business agreement with potential customers. One would think that all entrepreneurs and business owners would always insist on signing proper agreements and read the ones that come across their desk. In most instances, this turns out not to be the case. Frank Knight, CEO of Debtsource – a specialist B2B credit management company – highlights six basics that business owners should consider when concluding B2B credit agreements with clients. Of the thousands of credit agreements (credit application forms) that we audit for our customers every month, only about 40% require no changes, meaning that a<span class="excerpt-hellip"> […]</span>
Striking a balance to best finance your business – why it’s imperative to understand the options With several available options to finance your business, figuring out which is best for you can be both daunting and confusing. Entrepreneurs typically hate asking for finance, which often means that they’ll pick the “path of least resistance” rather than the correct option for their business. Frank Knight, CEO of Debtsource, unpacks different financing options and identifies what makes most sense for your business. The two most important elements at play in business finance are rate and securities. Finding the correct balance for the business is finding the right mix between what interest rate<span class="excerpt-hellip"> […]</span>
We are pleased to advise that Debtsource is relocating to larger business premises. Our last day of operations at our current location will be 31 May 2018. Our present numbers remain the same, 011 348 7000, and you can continue to email us at info@debtsource.co.za. We will be moving on Friday, 1st of June, on which date our offices will be closed. Your Customer Relationship Manager will however be available to offer any assistance you may need on this day, and all our online systems are unaffected. We expect some operational delays in compiling credit information reports over the period, but have implemented measures to minimise the impact. We thank you<span class="excerpt-hellip"> […]</span>
