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  • About Us
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RMS  HK

Defending Your Receivable is Our Mission

Don’t Lose Time: Recognize the Operational Risks of your Customers

16/3/2021

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​In recent years, the operations of different industries around the world have been affected to varying degrees by factors such as trade wars or political factors. The beneficiary enterprises are of course leading the way, enjoying the results; while the affected enterprises are already riddled with sores and are staggering. The arrival of an epidemic has accelerated the demise of these enterprises.

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Unimpeded Debt Collection under the Epidemic

21/8/2020

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In 2020, with the impact from the pandemic outbreak, and the uncertainties of the epidemic trend, countries are encountering an unprecedented crisis as a result of regional lockdowns and restrictive measures. The global economy is suffering a severe recession, with catering, manufacturing and retail industries bearing the brunt of the crisis. The current global pandemic has made it incredibly challenging for businesses to maintain their cash flow. The tide of bankruptcy is on the horizon. Local and overseas companies are concerned about collecting debts from China, as they are unfamiliar with Mainland laws and culture, while the epidemic has caused payment delays. In this blog, we share a recent case in which RMS successfully collected over 1.8 million Euros for two overseas clients from the same Chinese manufacturer, by leveraging our years of collection experience and RMS global network.

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Case Study: Debt Collection on an US Garment buyer

13/1/2020

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Garment industry is fiercely competitive due to unpredictable consumer demand and uncertainties arising from the US China Trade War. In order to maintain a strong relationship with customers, manufacturers would allow for prolonged payment terms. This would affect company’s cash liquidity and operating funds. 

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Korean Electronics Parts Manufacturer: Overseas Debt Collection Case Study

10/12/2019

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​The Korean electronics parts manufacturer approached iQor RMS HK in collecting a large unpaid debt from their US buyer. The buyer had placed heaps orders with our client during last year; however, due to global economy downturn, the buyer failed to collect the finished products and denied to fulfill the rest orders as well. All finished products and materials have been abandoned in client’s warehouse for over half year, which costs US$1,000,000 in total.

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Effective Collection Strategy in US: Combination of 3rd Party Collection & Paralegal Services

3/9/2019

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The jewelry industry is notorious for its inconsistent pricing model stemming from the difficulties to authenticate its genuineness and quality control standard. As a result not many insurance companies are willing to provide sufficient insurance coverage in this segment. Lacking insurance protection, small and medium jewelry suppliers might expose to various threats including payment risks. Thus receivable collection services is always an indispensable tool for the jewelry industry to recover its overdue debts. In this blog, we share a successful case where a local jewelry supplier approached iQor RMS to collect a large amount of debts from a US jewelry buyer.

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Recovery of Small Size Debts: Unexpectedly High

27/8/2019

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Language barrier and time difference are usually the key reasons for enterprises to abort the recovery of small size overseas debt.  iQor RMS' statistics, over 30 years commercial collection data base, show that the recovery rate of small size debts could be 30% higher than that of the large amount accounts.   Here are two typical cases oftenly seen from non-English speaking countries.

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Leverage UK Statutory Demand to collect debt successfully

30/7/2019

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​By leveraging UK statutory demand, iQor RMS has successfully recover outstanding debt on behalf of the  client, a China-Hong Kong Jewelry supplier, from a UK buyer.

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Trade War Impact : Chinese Exporter Case Study

11/6/2019

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​The US-China trade war has intensified while the US announced to raise tariffs from 10% to 25% on US$200 billion of Chinese goods. The ripple effects severely hit on exporters, industrial supply chain, and also logistics companies. iQor RMS has dealt with a case involving a Chinese apparel manufacturer affected by the trade conflict recently. 

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   香港: 852-2201-8888
   台灣免費撥打: 00806-651-932
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27樓 2701-3室

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Hong Kong: 852-2201-8888
Free Calling from Taiwan: 00806-651-932
Free Calling from China on Fixed Line: 8008-768-598

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Suites 2701-3, 27/F, AXA Tower, Landmark East,
100 How Ming Street, Kwun Tong, Kowloon
Hong Kong

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香港: 852-2201-8888
台湾→無料通話: 00806-651-932
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Suites 2701-3, 27/F, AXA Tower, Landmark East,
100 How Ming Street, Kwun Tong, Kowloon
Hong Kong

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