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Debt Collection firm announces 18% rise

Leading Commercial Debt Collection Organisation Federal Management has announced a 18% increase in Collection figures for the first quarter of 2013, compared with the first quarter for 2012.

This latest announcement of record recovery figures will only further enhance the growing reputation of Federal and goes very much against the grain of current trends within the British Debt Collection collection industry.

A spokesman for Federal Management said “The continued expansion of our services has allowed us to implement new strategies and focus on maximising the recovery of debts for our clients” He continued “We have also changed the criteria of the types of Debt we will collect and the industry sectors we cater for”

2012 saw the rapid emergence of Frontline Collections who have also boasted record figures for the first quarter of 2013. Frontline Collections are a Private & Consumer Debt Collection Agency who work in partnership with Federal Management.

The spokesman continued “We expect to continue this level of success through the year as we are due to enter into new partnerships with well known corporate entities over the next couple of months. We expect this will have a direct impact on our collection figures for the remainder of this year”

“We have also increased our number of International Partnerships directly impacting on the International Debt Collection Services we offer”

Federal Management have increased their International Debt Collection client base and are also reported to represent the UK interests for companies all over the world.