Making use of debt collection services, and knowing when to hire outside collection agencies is an important part of operating a business. Extending credit to customers can often be risky, because even those with excellent credit history can occasionally miss a payment or experience financial hardship. Regardless of the circumstances however, it is still important that their payments are made to you on time as agreed.

Today, business owners face new cash flow challenges due to tightening credit markets brought on by a global recession. With less availability and access to credit, businesses are faced with looking for other avenues to maintain positive cash flow and keep their businesses operational.

Bankruptcies and mortgagee sales are at a record level, and there are more empty shops in town than ever before.  

Blacklist.co.nz can assist businesses with their cash flow difficulties by offering their bad debts online to hundreds of motivated collectors, who can choose to "bid" for the debt, effectively minimising time wasted shopping around for the best deal. Reducing an oversized debtors ledger can be the first step in riding out the current economic crisis.

The website is fully automated, and is open 24 hours a day as we understand not everyone can get to a phone or has time to ring around debt collection agencies during normal business hours. 

It is free to list a debt, and creditors are notified by email whenever a new bid is placed.  Creditors may choose a collector at any time, and once the collector has accepted the assignment and paid our introduction fee details are exchanged and the assignment can begin.

Blacklist.co.nz is the creation of Brigitte Anderson, a qualified accountant and part-time website designer.  

After working closely with small businesses over many years,  Brigitte has seen first-hand the effects overdue accounts can have, and understands how lack of cash and money tied up in unpaid accounts is frequently the reason for business failure.

She has also seen how business owners are sometimes reluctant to collect their debts for a variety of reasons - they don't want to risk customer relations, they don't feel comfortable in doing so, or they are simply too busy doing what they do best - running their business.

Don't let your business become another statistic, sign up with us today, list your debt and get your money back! After all, your worked for it!