A growing number of businesses and individuals now want to either start their own Debt Management or Debt Collection Company, or use their existing business to move into the industry. Claims Management / PPI reclaims businesses are ideally placed to make the move and we have seen a growing number of companies making the transition and the PPI and Claims markets reduce over time.
Over the last few years we have assisted a number of start-up and SMEs transition or start in the industry. As a current authorised Debt Management Provider and member of APDSI (Association of Professional Debt Solution Intermediaries) we are able to offer a unique perspective and effective debt management training. There are other training providers and some training courses, but we offer all advice and training from our Managing Director, who is actively involved with this business and a number of other Debt Management Companies.
The main reason we share our experience and expertise is to ensuring you minimise the risk and maximise your chances of success. We are able to do this due to the size of the industry and our placement.
With we are able to provide you with:
The areas listed above are the main areas we can assist businesses either start a Debt Management Business or transition their existing business into the marketplace. We have helped a number of Claims Management & PPI Businesses make the successful transition and provide support moving forward.
One of the options we have that is an ‘off the shelf’ product is our non-accredited two day training course. This is usually an essential element, but in conjunction with the specific business needs.
One of the services we offer is a two day intensive training course or workshop which acts as an in-depth introduction to Debt Management and the industry. This is a Non-accredited course is designed for people with little or no knowledge that intend to work in the Debt Management Industry. The Debt Management Training course we provide is at your site and is not a distance learning or online course.
Although the course is an introduction there is in-depth training around the following areas:
To train members of staff to be able to understand the marketplace, the options available and what is expected of them and their business. Particular focus is put on the correct and compliant qualification of clients based on a structured model. We also provide an informal exam to help consolidation when learning.
There are a number of different training options depending on a company’s needs and budget, in addition to the above two day course. Anything in addition to the above would normally be bespoke, depending on the particular needs of the business, such as listed in points 1-8 above.
There are a number of options potentially open to you for further training. Insolvency Training can be provided by a Code Approved Insolvency Practitioner through APDSI. It may also be possible to attend further accredited training in conjunction with APDSI resulting in formal qualifications.
The training we provide and the businesses we use/recommend cannot guarantee a licence is granted. The FCA take measures to ensure businesses that gain or retain licences are fit to do so and the application process is robust and lengthy. Much depends on the business model, directors history and the application itself.
The FCA will expect all applicants to be able to demonstrate the person running the business is competent not only to run a business, but has sufficient knowledge, experience and training to run a Debt Management Business.
We provide training in advance of any official inspection so you are sufficiently prepared and can meet the expectations set and it is demonstrable you are capable of running the business, in line with your application.
Regardless of how much you already know about Debt Management, the industry or what your industry is, if you are interested in starting your own Debt Management Company, Debt Collection Company or incorporating either into you our own existing PPI or Claims Management Business, then get in touch and discuss your plans with our company director.
Contact Thomas M Jones
Mobile: 07533 924 610 (direct)
Office: 01482 217 288 (direct)