10 Best Debt Collector in Singapore to Chase After Your Debtors [2021]

Who said debt collectors are all "Ah Longs"?

Singapore Business Owners



Services

Our team at SBO.sg is committed to being a one-stop avenue to connect local businesses and consumers. We hope that our research efforts can help you save time and money by finding you the best deals without having to search around the vast world-wide-web.

Red paint. Pig heads. Constant harassment. Well, if these were the first images that came to your mind upon hearing the phrase “debt collector in Singapore”, we don’t blame you. Interestingly enough, however, these images have become outdated.

Illegal moneylenders are now turning to modern-day techniques like shaming borrowers on social media and making use of FoodPanda riders to harass borrowers (how terrible!). As the saying goes, a leopard will never change its spots.

But did you know that there are licensed debt collectors in Singapore who use proper and legal techniques to collect your debts? These include traditional methods such as mediation sessions to modern ones like hiring a Private Investigator to track down your borrower should he or she go Missing-in-Action.

These debt collection companies are registered with the Accounting and Corporate Regulation Authority of Singapore and they operate within legal boundaries.

In this post, we’ve gathered all the necessary details to compile a list of the 10 best debt collector in Singapore to chase your borrowers for payment.

1. JMS Rogers

best debt collector singapore
Type of Information Details
Websitehttp://www.jmsrogers.com.sg/
Services– Commercial Receivables Management Service
– Consumer Debt Recovery
– Legal Debt Recovery
– Credit Counselling
– Risk analysis
– Skip Tracing
– Mediation Services
– Surveillance
– Advice on Terms and Conditions
– Claims & Dispute Resolution Advisory
– Investigation, Asset Searching & Credit Checking
– They also assist in collecting ground information for those who want to go ahead with Legal Proceedings
Email (For Enquiry) [email protected]
Contact NumberOffice: +65 6899 9961
Mobile: (65) 9756 8880 (Whatsapp Only)
Operating HoursMonday – Sunday
11 am – 7 pm

JMS ROGERS® is a brand established in 2004 as a dedicated Debt Recovery & Collection entity. The debt collector in Singapore is known for providing a valued professional service catered to all forms of corporate and individual customers, in recovering goods and monies owed. They have a consistently

They exercise creative and professional debt recovery methods without undue harassment or harm. That is their distinction against other service providers. Their Field Enforcement Officers are trained and certified by their in-house trainers who have decades of extensive legal, professional and customer-oriented experience.

They ensure that their clients’ name would never be tarnished under any circumstances, and that it will always be held in high esteem. JMS ROGERS® also takes great effort to ensure that their processes and methods are in compliance with the various legislation, including the Personal Data Protection Act (PDPA).

Lastly, the debt collector in Singapore associates with other professional associates such as private investigators and has a panel of solicitors / lawyers at their disposal. This ensures the most cost-effective solution for their clients.

2. National Debt Collector

best debt collector singapore
Type of Information Details
Websitehttps://www.nationaldebtcollector.com/singapore
Services– Third-party debt collection
– Skip tracing / asset location
– Judgement recovery
– Legal services
– Personal services
– Flat rate services
Email (For Enquiry) [email protected]

National Debt Collector is a premier debt collecting agency that helps its clients limit losses as well as maximize gains through a mix of traditional negotiation tactics and tech-mediated collection methods.

If you’re planning to take legal action against the debtor, their collection officers and legal advisers will need to first consider whether it’s necessary and will give you counselling on your wisest course of action thereafter.

If judgement recovery needs to be enforced, they will help file it for you. With their deep understanding of how the Small Claims Tribunals works, the process is swifter for all of National Debt Collector’s clientele.

The debt collector in Singapore offers flat-rate fees to lower the amount of contingency fees paid. This is suitable for those who own small businesses.

3. Singapore Debt Collection Service

debt collection in singapore_singapore debt collection sdcs
Type of Information Details
Websitehttps://www.facebook.com/singaporedebtcollectionservice.sg/
Services– Individual debt collection
– Corporate debt collection
– Tracking services
– Private investigator services
– International debt collection
– In-house legal services
AddressJurong East
2 Venture Drive
#13-32 Vision Exchange
Singapore 608526
Email (For Enquiry) [email protected]
Contact Number+65 96326269 (Office Number)
Operating HoursMonday – Friday
9 am – 6 pm

Saturday – Sunday
By Appointment Only

With over 15 years of experience in the industry, Singapore Debt Collection Service has a debt recovery rate of 85%. The debt collector in Singapore is known for its highly experienced and well-trained enforcement specialists.

The debt recovery process begins with a 1-to-1 consultation with their sales manager, where they will advise you on their company procedure and fees.

Upon taking up a new case, they will type and send out a Letter of Demand to the owing party. They will also input data and evidence in the company’s system. A staff will also be assigned to every client for progress updates every month.

Thereafter, the debt collector in Singapore will begin outfield debt recovery where they will pay visits to the residential and workplace address of the borrower.

4. Rocket Debt Collection

Type of Information Details
Websitehttp://rocketdebtcollection.sg/
Services– Corporate debt collection
– Personal debt collection
– Mediation service
Address21 Bukit Batok Crescent
#15-75 Wcega Tower
Singapore 658065
Email (For Enquiry) [email protected]
Contact Number+65 98622379 (WhatsApp)
Operating HoursMonday – Friday
10 am – 10 pm

Saturday – Sunday
2 pm – 10 pm

Nominated as the top debt collector in Singapore, Rocket Debt Collection has a three-step approach in place to help you recover your monies.

Once they on-board any Client, their Case Manager will strategize with their Collection Team to establish the best approach towards recovering the debt for their Client. They will attempt to reach the debtor via phone call and/or posting out registered mails for their first course of action.

At this stage, should debtors be unreachable via phone calls or unresponsive to posted mails, their Collection Team will proceed out to the field to locate the debtors via their business premises or place of residence.

Most debtors will come to an agreement of settling the debt at this point. From phone calls to visitation of business premises or place of residence, Rocket Debt Collection will update clients on every stage of the collection process.

5. Atradius

best debt collector singapore
Type of Information Details
Websitehttps://atradius.sg/products-and-services/debt-collections.html
Services– Credit insurance
– Global credit insurance
– Debt collections
– Special products
AddressAXA Tower
8 Shenton Way #22-02
Singapore 068811
Email (For Enquiry) [email protected]
Contact Number+65 6372 5300
Operating HoursMonday – Friday
9 am – 6 pm

Saturday – Sunday
Closed

Specialists in trade credit insurance and debt collections, Atradius is committed to building strong relationships with its customers. Having had a presence in Singapore since 2007, the debt collector in Singapore has a team of Underwriters, Account Managers, Debt Collections Specialists, Finance and support staff.

No matter where you, or your debtor, are located in the world, Atradius can support your collection of invoices in any country, time zone, currency and language.

As an Atradius customer, you’re also automatically able to access and benefit from their debt collections service, Atradius Collections. This is a feature of all their Credit Insurance policies and will not incur any additional cost for you.

The debt collector in Singapore also offers a standalone Atradius Collections service to organisations that are not Atradius Credit Insurance customers.

6. Resolute Debt Recovery

best debt collector singapore
Type of Information Details
Websitehttps://www.resolutedebtrecovery.com.sg/
Services– Professional calls
– Personal visits
– Debt recovery legal services
Address18 Kaki Bukit Ave 4,
#05-04 Premier @ Kaki Bukit,
Singapore 415875
Email (For Enquiry)[email protected]
Contact Number+65 8821 1238
Operating HoursMonday – Friday
12 pm – 8 pm

Saturday – Sunday
Closed

Since 2012, Resolute Debt Recovery has served as a trustworthy debt collector in Singapore that helps businesses to collect unpaid accounts swiftly.

The debt collector in Singapore distinguishes itself from its competitors through the following Unique Selling Propositions:

  • Professional Calls – The purpose is to find out the main reasons of non-payment, classify the type of debtors, and then devise collection strategies.
  • Team Work – All their collectors are professional, well-trained and familiar with debt collection laws in Singapore.
  • Personal Visits – Personal visits serve as an intensified collection action to impose additional pressure on the debtor to call forth payment.

They will also research your case and assign you debt recovery lawyers who have handled many similar cases before to lend you a helping hand.

7. DMS Debt

best debt collector singapore
Type of Information Details
Websitehttps://www.dmsdebt.com/
Industries Served– Financial Services Companies
– Telecoms Firms
– Manufacturing and Distribution
– Recruitment Agencies
– Trade Associations
– Insurance Firms
– Law Firms
– Wholesalers
– Media & Marketing Companies
– Advertising Organisations
Address65 Ubi Crescent #03-03 Hola Centre
Singapore 408559
Email (For Enquiry) [email protected]
Contact Number+65 6547 8300 (Office Number)

Whether it’s overdue accounts, unpaid invoices or arrears, DMS Group has the solution. They are an organization of the highest integrity and their practices are tailored to deal with the debtors in accordance with the law.

Their affiliated company, GLOBAL DEBT MANAGEMENT, has a team of trace agents who are some of the most experienced in the business, and they are equipped with the latest databases, technology and software necessary to ensure results in the quickest possible time. The debt collector in Singapore offers reports which provide information about the applicant’s current financial situation, credit score, payment history, as well as personal data, like employment and address history.

As a service guarantee to you, the debt collector in Singapore promises to refund to you the full working allowance with the service guarantee fee, if within a 3 months’ period, from the date the unsuccessful case was returned to you, another debt collection agency manages to retrieve the full debt for you.

8. Accurate Debt Recovery

best debt collector singapore
Type of Information Details
Websitehttps://accuratedebtrecovery.com/
Services– Debt collection
– Receivables management
– Credit consultancy
Address18 Kaki Bukit Road 3
#03-11
Entrepreneur Business Centre
Singapore 415978
Email (For Enquiry) [email protected]
Contact Number+65 6909 0757
Operating HoursMonday – Saturday
10 am – 10 pm

Sunday
Closed

Accurate Debt Collection serves all areas of debt collection, including both commercial and domestic debts – big or small. The team has been together for over 20 years and is dedicated to serving throughout the whole process.

You can look forward to enjoying savings on collection costs without the need for expensive and time-consuming litigation. On average, the debt collector in Singapore resorts to litigation on fewer than 10% of matters referred to them.

They also aim to provide you with every aspect of debt management and debt collection. Their credit professionals who work in the credit industry every day will assist you with your inquiries and give you the solutions to your problems.

That’s not all: Accurate Debt Collection offers an obligation-free consultation.

9. Debt Collection Pte Ltd

Type of Information Details
Websitehttps://debtcollection.com.sg/
Services– Corporate debt collection
– Personal debt collection
– Small claims enforcement
– International debt collection
– Expert debt management advice
Address1 Scotts Road,
#24-10, Shaw Centre Singapore 228208
Email (For Enquiry) [email protected]
Contact Number+65 6733 7479 (Office Number)

Debt Collection is a Singapore debt collection, recovery agency and credit management specialist. The debt collector in Singapore helps Singapore businesses, both small and large, to safeguard their cash flow and minimize risk.

Their skilled and experienced field officers are deployed to assist in the recovery of your debt if necessary. They understand that sometimes personal visits may be necessary in order to get your money back. In addition, their field officers serve legal documents and make discreet inquiries and interviews when appropriate.

Their state-of-the-art technology also enables them to help them clients conduct forensic company checks to determine credit limits of their potential customer. These checks come with detailed reports containing their findings.

10. Abacus Credit Management

best debt collector in singapore
Type of InformationDetails
Websitehttps://www.abacuscredit.sg/
Services– Extensive tracing services
– Customised solutions
– In-house debt collection system
– Site visitation/negotiation
– Legal consultation
– Accounts receivables reporting
– Recovery network
Address1 Scotts Rd, #22-11, Singapore 228208
Email (For Enquiry)[email protected]
Contact Number+65 6511 1811 (Office Number)

Founded 2005, Abacus Credit Management is an longstanding and experienced player in the debt collection industry. The company has since shifted their focus towards corporate clientele with larger debt portfolios, without neglecting their SME clients.

Abacus Credit Management stresses the importance of integrity and professionalism in the industry. The company welcomes process and compliance audits as part of a smooth partnership with clients – one built on trust.

Abacus Credit Management aims to preserve the relationship between creditor and debtor wherever possible. As such, they provide a host of targeted debt collection plans and solutions to best suit their clients.

With their innovative and integrated services, you can rest assured to achieve the highest possible return on each dollar placed.

Conclusion

Do you have any reviews and comments to share regarding our choices for the best debt collector in Singapore?

While SBO is committed to supporting our local businesses, we welcome any feedback and anonymous sharing regarding your experience with the listed debt collector in Singapore.

We hope that this guide will be useful in helping you to make an informed decision when it comes to finding the best debt collector in Singapore.

Table of Contents

    0Shares
    0
    Like what you read? Follow us on Facebook and LinkedIn to get the latest updates.

    Subscribe for latest business insights and inspirations

    We will not share your contact information
    By registering, you agree to our T&C and Privacy Policy
    A natural-born storyteller since young, I love writing about everything under the sun, in particular, technology and digital marketing. When I'm not putting my pen to paper, I'm usually listening to pop music or burying my head in tech reviews.
    >