Commission-based Debt Recovery is a primary Baycorp service; the client pays a commission for the successful recovery of a debt. In this situation the client retains ownership of the debt and Baycorp acts as the client's agent in dealing with the defaulting customer.
Commission-based fees are performance related and are only charged on the successful recovery of the debt. Recovered funds are held on our clients' behalf in an audited trust account and disbursed to the client based upon the service level agreement.
Client benefits include enhanced debt recovery rates, freeing up internal resources, improved cash flow and profitability.
If you wish to load a debt with Baycorp, why not load your debts online ?
Alternatively, you can download a 'Collection Instruction Form ' here.
Other fees may be charged. Please see our 'Standard Collection Terms' for details.