Top Cover have partnered with Status to provide the best possible solution and service.
Status Debt Corporation (Pty) Ltd is a credit risk management company that has been in operation since 2001. Our clients have
become accustomed to expert service and intuitive solutions where today, we are proudly recognized as one of the top commercial debt recovery agents in South Africa.
SDC currently serve around 1500 commercial businesses that range from SMME’s to large multinational and JSE listed companies.
Our involvement in the Trade Credit Insurance industry for over 15 years has provided us with exposure into all sectors. Here we act on the recovery panel for Credit Guarantee Insurance Corp of Africa, Santam Structured Insurance, Euler Hermes and Hollard Insure.
We are undoubtedly seen as the specialists in collection of insured debt and have bolstered some of the highest success rates known to the industry.
Our staff are incentivized, well versed in all aspects of credit, with regular training and continually updated with latest legislation. updated with latest l
During 2010 the directors of SDC registered Status Insight Services t/a Credit Network.Biz (CNB), and Status Vetting Services (SVS).
CNB is a web-based application that forms the foundation from which clients have access to all products and services our company and strategic partners have to offer. Over the last 20 years we have been involved in all aspects of credit and the different service providers forming part of the credit life cycle. We have purposefully formed alliances and partnerships with well-known and distinguished credit specialists, ranging from attorneys, credit insurance brokers, credit insurers, forensic specialists, tracers, credit bureaus and underwriters to name but a few.
Status Vetting Services (SVS) was formulized with the intention to assist our clients with their trade credit decisioning. SVS was later restructured to include not only access to multiple credit bureaus, but also our own in-house research division. SVS known today as Elula Credit Management Services assists our clients with vetting of new and existing clients which also includes a recommended credit limit.
Our aim to provide our clients with custom-built credit management solutions encompassing the full credit lifecycle.
PRODUCTS AND SERVICES
- Review and update of your Credit Policy
- Review and update of your founding documents (credit application / securities) and all internal documents
- On demand Credit Bureau reports
- Credit Limit Recommendations
- Limit Recommendations Plus Debt Collect Assist
- Full book Risk Assessment
- Business Monitoring (Triggers)
- Pre-legal Debt Collections
- Pre-legal assessments
- Legal Recoveries