WHO OWES YOU MONEY?

  •  Landlords click here

No business, more so, small business owners can  afford to sacrifice cash flow , just to keep their clients happy. At some point, rather sooner than later, YOU NEED TO GET PAID

Getting paid means deciding at what point you had enough of chasing down your money. Let's face it we are in business because we are good at what we do, we just don't have the time to chase payments on invoices.

We offer South African business owners and individuals a solution to their payment problems.

Default Listing of bad payers:

R285 per listing. Discounts provided on volumes

We offer more that just a listing service as offered by other companies in our field.

We offer a 1STOP solution to your collection requirements.

Instead of just listing your defaulter/bad payer we offer a total package that includes the following:

  • Listing of your debtor.
  • Free initial tracing of the current whereabouts of your debtor, for litigation purposes through your attorney or for our collection purposes.
  • Blacklisting on our nationwide delinquent tenant database. (Access is provided to subscribing landlords, nationwide)
  • Free Trace Alert for a period of 3 years. (We will monitor the defaulters credit profile for a period of 3 years from listing, this will enable us to receive updated contact information as well as information on future applications for rented property, enabling us to warn the prospective landlords.
  • Collection services on a no collection no fee basis.

Blacklisting Facts:

  • You can list a defaulter any time payment is due. You do not have to first obtain a court ruling.
  •  You can list a defaulter for any amount from R50.
  • Default listings are active for 3 years, Judgements are active for 5 years.
  • Listings can no longer be removed, just amended. ( Listing is amended to show debt has been settled) 

Our Clients:

  • Landlords. Are you a landlord and struggling to collect payment of rent from your tenants? Have your tenants disappeared? Listing them will make it impossible to rent another property without paying your first. Responsible landlords and estate agents check credit profiles before they let properties.
  • Business owner: Are you a business owner with a lot of unpaid invoices and accounts older than 90 days? Let us assist you.
  • Medical Professional: Are you a doctor, dentist, Psychologist of other professional? Your accounts are notoriously difficult to collect, let us offer you a professional solution

WHAT ARE YOU BUYING? 

You are buying a blacklisting solution. Due to the high costs involved in litigation we have found that the mere threat of listing is enough to spur the defaulter into paying. The national credit act has made it difficult to obtain any credit with a poor payment profile. Our solution is not perfect, we cant guarantee you payment but we offer you a better chance at success. If all else fails you will at least get even, tenants will find it difficult to rent other properties and habitual bad payers will find it difficult to keep avoiding payment.


The Willow Share Trust t/a Siyeza Reg no. IT 7463/05

Copyright: 2009 The Willow Share Trust Reg no. IT 7463/05 - all rights reserved

 

 Case studies:

Case no 745. date 05-03-2010

We were contacted by a software development company from Pretoria, they have been trying to collect on an outstanding invoice since Jan 2009.

The MD was really frustrated, they spend a fortune on telephone calls and many wasted man hours requesting payment. They were owed over R40 000.

Late Friday afternoon we were instructed to assist and by Monday before lunch the debt was paid.

Tips for a successful debtor strategy:

Check credit payment profiles. I can not stress this enough, you can not deal with any person or business without making sure they have the ability to pay for your services.

Ensure that you grant credit to debtors that can afford to pay you. Rather spend money now and do a reference check or credit bureau check than taking chances. We often hear our clients reiterating that the debtor paid so well in the beginning and then on requesting more credit the buck stopped.

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