The project basis arrangement is suitable for the company who has a specific bad credit / account receivable issue. By this arrangement the Company will only have to pay the professional fee for each case assigned to us, beside the success fee.
The professional fee and the success fee we propose in this arrangement is as follow :
Professional Fee
The professional fee is the fee shall be paid by the company to cover our credit collection service on the specific project or case.
Success Fee
The success fee is always calculated based on the collected credit or account receivable. The company shall not paid any success fee should there is no amount collected by us. The percentage of success fee is determined from the maturity age of credit / account receivable, which start from 2,5% until 10%.
