General Credit Services Inc. Acquires Fraser Collection Services Limited

 

VANCOUVER BC – August 26th, 2016: General Credit Services Inc, (General CSI), a leader in outsourced accounts receivable services announced today that it has acquired the operating assets of Fraser Collection Services Limited, (FCS) a third-party collection agency operating since 1967.

“This is a natural progression for our two companies” said Peter Sorrentino, President and CEO of General CSI, “the legacy of FCS is one of client service excellence and the company has been built on a culture of personal attention to clients - that fits in perfectly with the core philosophy of General Credit.”

“We are looking forward to the new opportunities for both our staff and our long-time valued clients” said Greg McCann, President of FCS. “In addition to our established strong recovery performance, clients now have the advantage of both a national and international collection platform and increased service levels by leveraging leading-edge technology – these new offerings will allow clients to confidently grow their own businesses through expanded risk management solutions”.

Greg McCann and all FCS operations staff will continue to work with the company - all telephone and fax numbers will remain the same and all email addresses will continue to work as normal. All service work will be transferred to the General Credit Western Service Centre and HQ in Vancouver at 4th Floor, 1201 West Pender Street, Vancouver, BC V6E 2V2 effective September 1st, 2016.

There will be no service interruption to General CSI or FCS operations during our transition period, and all day-to-day business functions will be as normal.

Any inquiries can be directed to Greg McCann at 1-877-588-4274 Ext 2302, or by e-mail at greg.mccann@generalcsi.com or Christine Johnstone, AVP Client Services at 1-855-777-4274, Ext 2359 or christine.johnstone@generalcsi.com.

ABOUT GENERAL CREDIT SERVICES INC: General Credit Services Inc. is one of Canada’s leading account receivable management organizations.  Head Quartered in Vancouver BC, the company also has locations in Toronto Ontario and Montreal Quebec.  A debt free company, General Credit Services offers early stage and third-party collection services, Letter Programs, Legal Account Management, Estate Management Services, Insolvency Management Services, KYT (Know-Your-Tenant), KYC (Know-Your-Customer) and KYE (Know-Your-Employee) Investigation Services and other BPO services at all stages in the account management life cycle.  Through an exclusive Canadian partnership with the GCS Group, General Credit Services provides global coverage for its clients in over 100 countries.  General Credit Services is named in the Profit 500 list of Fastest-Growing Companies in Canada, and the BIV list of the 100 Fastest Growing Companies in BC. For more information please visit: www.generalcredit.ca