We get paid when you get paid. No collection, no commission.
The prevailing commission offered in the market is 25% excl (VAT) off the capital amount recovered.
At Colmed (Pty) Ltd we understand no client is the same. Colmed will negotiate a commission based on the age of the accounts, average value of accounts and volume handed over.
What does it cost you?
Commission is payable by the client. It is calculated as a percentage of capital collected.
What fees are added to your debtor?
Necessary expenses and fees prescribed by the Minister in the Gazette after consultation with the Council.
Colmed Debt Administration (Pty) Ltd. recovers outstanding and dubious accounts for clients in the medical and education sectors.
We go about recovering outstanding debt in a strategic and tactical way, employing technology to ensure optimal returns.