Aktiv Kapital Partnering with General Credit Services Inc. for Collections

Aktiv Kapital Canada Inc. is pleased to announce a new partnership with General Credit Services Inc. (GCSI). Effective March 2nd, GCSI began providing third-party collection support for Aktiv Kapital’s owned Quebec accounts. Through this arrangement, GCSI has also taken responsibility for Aktiv Kapital’s satellite office in Montreal.

The partnership with GCSI allows Aktiv Kapital to embrace a simplified organizational structure with a streamline focus on operations in their London, Ontario headquarters while still effectively participating in the Quebec market.

“We are very confident that our partnership with GCSI will generate immediate gains for both companies while establishing a long term model for success in the Quebec market.  We have been very impressed with the ARM expertise and corporate ability of GCSI management during the start up of the relationship and transition of assets from Aktiv Kapital to GCSI,” said Rod Hooktwith, Country Manager, Aktiv Kapital Canada.    

“General Credit Services  has established a clear growth strategy in recent years and our agreement with Aktiv Kapital is a perfect fit with our expansion plan in the Ontario, Quebec and Atlantic markets” said Peter Sorrentino, President and CEO of General Credit Services Inc. “Our arrangement with Aktiv Kapital has enabled us to hire a core group of experienced professionals and it is our expectation that we will continue to significantly increase staffing levels in this center over the coming months”.

GCSI has hired over 70% of Aktiv Kapital’s employees who were terminated as a result of the decision to dissolve Aktiv Kapital’s Montreal location earlier this year.

General Credit Services Inc. is a leading provider of contingency debt collection services, outsourced contact center solutions and credit verification services. With its Canadian head office located in Vancouver BC, General Credit Services is the exclusive Canadian collection partner of GCS – Global Credit Solutions Inc., a global network of debt collection companies.  

Aktiv Kapital purchases portfolios from leading consumer service organizations and then recovers all non-performing loans through customer-oriented methodologies and flexible solutions.  The organization’s industry expertise, knowledge of the Canadian Market and availability of capital makes Aktiv Kapital a leading solution for Debt Sellers.