Collection Hub makes your international debt collections local. Your cross-border claims are offered to collectors in the debtor’s territory. These local collectors bid for your claim. You choose the terms that suit you best, and you are free to accept or refuse any bid. The overall collection process is therefore easier and cheaper.
Not at all. Collection Hub is an online P2P platform connecting creditors to law firms and collection agencies worldwide to recover debts quickly and effectively.
Compare its rates to those of Collection Hub’s collection agencies in individual countries. You will see the difference immediately. International agencies charge more because more parties are involved in the collection process. They need to add global and local partner commissions and fees (and there is no auction). Also, the process usually takes longer.
Our fee is just 1% for each successful collection.
Collection Hub provides all types of collection services, including (but not limited to) legal services. So you can recover your international receivables at any stage.
Collection Hub offers all kinds of debt recovery for individuals and businesses. No matter what type of debt you want to recover or how large or small the amount, simply upload the claim to Collection Hub and receive the best bids from the debtor’s territory.
Please upload the invoice and all other relevant documents. This will make the bidding and collection process much easier. For example: a duplicate invoice, any relevant correspondence with the debtor, demand(s) for payment and any reminder(s). In addition, you can speed up the collection process by sending all available contact details, such as the telephone / cell phone number, email address, and postal address, if possible. The collection agency or law firm will contact you to ask for any additional details.
At Collection Hub, our aim is to create the world’s largest P2P creditor-collector agency network providing easy cross-border debt collection. In the past, creditors could only recover international debts via legal services or large international collection agencies. This made collection more expensive. By using Collection Hub, you can now access a peer-to-peer network connecting international creditors to debt collectors directly. Collection Hub also creates the fairest possible conditions for both creditor and collector by using an auction system.
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