Debtsource was founded in 2003 when commercial credit providers had no single company to guide them through every step of their credit extension process. Today, Debtsource is the largest credit management company in Africa and is managed by staff members who have extensive credit management experience in the areas of trade credit, consumer credit, credit information, credit insurance and information systems, to name but a few.
Debtsource provides a full range of credit management services and boasts a client base that includes some impressive names.
Debtsource’s complete solution offering not only helps our customers manage their risk better, but also provides them with a competitive advantage alongside price, quality and service.
Ultimately, this is what credit management was designed to do – not just to collect overdue accounts or avoid bad debts,
but to enable a company to achieve maximum overall profitability from trading.
Global Alliances
Debtsource is part of the global Farosol credit insurance brokerage alliance (www.farosol.com) as well as the International Federation of Business Information Services – FEBIS (www.febis.org). FEBIS comprises a network of credit information providers and recovery agents in more than 50 countries with whom we collaborate.
The global broker team of Farosol provides a strategic range of tailored credit insurance products to multinational companies, as well as a range of complementary services in the field of credit management solutions. Farosol members are found in multiple countries in order to offer an international credit insurance footprint. This advantage enables international companies to negotiate globally competitive rates and solutions for credit, while still being serviced by independent brokers with local expertise.
Local Affiliations
Debtsource is considered a specialist trade credit insurance brokerage for all of South Africa’s trade credit insurers: Credit Guarantee Insurance Corporation – www.creditguarantee.co.za
Coface – www.cofaceza.com
Allianz Trade – https://www.allianz-trade.com/en_ZA.html
Hollard Trade Credit – www.hollard.co.za
Lombard Insurance – www.lombardins.com
Debtsource Recoveries is registered with the Council for Debt Collectors.
Debtsource is an Authorised Financial Services Provider
Debtsource is a proud supporter of the Abraham Kriel Bambanani Charity