The Malta Independent 6 May 2025, Tuesday
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A unique approach to debt collection services in Malta

Malta Independent Monday, 5 August 2013, 17:34 Last update: about 12 years ago

Credit Mediation Services Ltd has officially been nominated as the first official debt collection service company to be affiliated with The Malta Association of Credit Management (MACM) - a members-owned, non-profit making organisation, providing a central national organisation for the promotion and protection of all credit interests pertaining to Maltese businesses.

Set up recently, Credit Mediation Services is a modern and forward-thinking debt recovery company with a flair for achieving results. Credit Mediation Services is led by an individual with unparalleled experience in fraud and credit control. The company’s highly-trained team does not apply hard and fast rules for the recovery of debts. Instead it offers its clients tailor-made services to perfectly fit their unique requirements – adopting procedures based on particular business requirements, nuances and budgets.

“We are honoured and humbled to be the credit mediation service officially affiliated with MACM,” says Mr. Richard Padovani, Managing Director at Credit Mediation Services, “we pride ourselves at providing a tried-and-tested one-stop-shop approach to debt recovery. Our company can manage debt effectively right from that first credit application form all the way through to the final legal process – encompassing mediation, research, debtor chasing, on-the-ground tracking and, if all else fails, comprehensive legal recovery”.

Josef Busuttil, Director General at MACM reiterates that “Accounts Receivable or Debtors is one of the largest liquid assets of a business. This entails meticulous analysis and monitoring of the credit worthiness of credit customers, complimented by timely collection of dues. Hence, this affiliation is a step in the right direction to the benefit of all local businesses as it should provide a comprehensive credit service to secure smooth running of the business in an effective and efficient manner.”

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