About us
By combining a long experience with financial institutions in loan management, recovery, collection and court proceedings. Our company is able to do better and successful debt recovery for protecting a business of institutions and companies
Management team
The RDA team is committed to offer a safe, fast, friendly, trustworthy and professional service to all our customers and debtors.
Our Debt Recovery Team is experienced in negotiations with non-performing debtors and at all times focused on the recovery of your outstanding accounts and loans in a prompt and smooth way.
Litigation
RDA Credit Management is your complete start to finish solution in recovering outstanding debt. Working with an approved panel of solicitors we handle the whole litigation process on your behalf. Adhering to the highest professional standards, wholly compliant and operating tightly within industry parameters, with full Professional Indemnity Insurance, our clients are assured of receiving a proficient, efficient and transparent service.
SERVICES OFFERED
. Debt loan cash recovery
. Debt loan dispute resolution
. Debt loan counseling
. Training on non-performing loans management
. Legal consultancy of handling bad loans Financial services
Letter Before Action We shall send our first Letter Before Action (LBA) to the debtor based upon outstanding invoices completely free of charge. Fees as a percentage of amounts recovered If we make a recovery of the whole or part of the debt without the need for commencing legal proceedings, then we shall charge you a fee based on the percentage charge table set out below. We also charge a percentage of any interest and compensation which it may be possible to recover from your debtor pursuant to the Late Payment legislation, as well as any of your costs recovered from debtor(s), at a rate of 20% + VAT maximum rate and 10% minimum rate
Amount recoverd | fee Ex.VAT Charges |
Up to 500,000frw | 30% |
500,001 frw to10,000,000 frw | 20% |
10,000,001 frw to 100,000,000frw | 15% |
100,000,001 frw to 1,000,000,000 frw | 10% |
over 1,000,000,001 frw | 5% |
OUR TARGET CLIENTS
· Banks
· Government Institutions
· Industries
· Hotels
· Insurance Companies
· Contractors
· Hospitals
· Schools
· Stores
· Importers and Exporters
· Telecommunication
· Media house
· Security Companies
· Manufactures
· Garages
RDA provides services of debt loan collection to banks, microfinance, non-banking and other financial institutions in Rwanda with the highest ethics and in compliance with legal norms and codes of conduct, as required by law.
Having financial institutions without the loan defrosters with non-performing loan debtors
Providing assistance to financial institution and companies to recover their money for protecting Business .
RDA objective is to become your collection partner in recovering non-performing loan debts, by providing you with an effective way of collecting your outstanding account receivables allowing your firm to focus on core business activities.