Unsecured loan collection department is unit of the Company, where development of "UkrBorg" began. Namely, the first step of a new company in 2007, which made it possible, over time, to become one of the leading companies in the debt collection market of Ukraine.
Today the department is actively working in two directions:
Factoring is engaged in the collection of bad debts by banks' redeemed problem assets (transfer of a debt claim article 512 of the CCU). Now the department has more than UAH 200 million of toxic assets. Over the entire period of activity the unit shows high performance through effective negotiation and quality search for compromise solutions for troubled clients. Every month every fourth bad debt is withdrawn at the pre-trial phase.
Commission – provides services to leading banks and financial institutions of Ukraine to collect customers' bad debts. Currently it cooperates with 10 financial institutions and is constantly increasing the number of its partners. Commission unit is aimed at implementation of all activities related to the collection of the debt under the agency contract and current legislation of Ukraine, representing the interests of the banks/financial institutions (article 1000 of the CCU). Over the entire period of activity the unit was able to get convincing results and achieve leadership position among its competitors.