Cabot Financial, a market leader in debt purchase, has announced the opening of its new call centre at 28 Listerhill Science Park, Bradford, UK in early July. The centre will provide Cabot Financial with valuable extra capacity to meet growing demand from the market and allow further expansion of its tracing and collection activities.
Recruitment is now taking place for 40 staff who will primarily deal with the collection of defaulted consumer debt. The new centre will additionally offer third party debt collection and tracing services. Cabot Financial anticipates that staffing levels will swell to 250 with the expanded range of services being supplied.
Ken Maynard, Managing Director, Cabot Financial commented: “The Bradford location was chosen from a number of different sites because of its proximity to many large financial services operations, offering convenience for our clients as well as providing a good population for recruitment. We are delighted to be creating new jobs in the UK and feel the new site will work well with our other base in Kent.”
The UK debt purchase market is expected to grow at almost 20 per cent per annum over the next five years. Around £1.5 billion ($2.7 billion) of debts were sold during 2003.
