We are Ko-bolt
and we’re on a mission to reduce bad debt and late payment.
Because we believe that no business should suffer as a result of late payment or bad debt.
We blend decades of experience and expertise with product innovation, technology application and an ethos which puts the customer at the heart of everything we do.
We exist to ensure that businesses have the right tools to tackle late payment and reduce bad debt.
Ko-bolt is an award winning debt recovery company which specialises in getting suppliers paid quickly by making use of the latest technology whilst putting the buyer-supplier relationship at the heart of everything we do. We call it debt resolution.
The first of its kind, our email tracking software lets us see when an email has been sent, delivered and more importantly, how many times it’s opened. This technology enables us to tailor our approach to your customer based on our analysis of the data. We aim to immediately open up a dialogue with the customer to give them the tools they need to talk.
We empathise with the customer and we encourage them to work with us to find a resolution, we focus on expediting payment by offering expert advice and support on improving their cash flow and to reduce bad debt so that they can pay quickly, and the buyer-supplier relationship can be maintained.
Ko-bolt was founded in 2020 by Karl Hague. Karl has spent his career in the credit insurance and collections sector, providing certainty in the form of credit insurance through to risk mitigation via debt recovery and collections. Using data analysis and AI, Ko-bolts’ aim for the future is to bring together what he describes as the three pillars of credit risk; risk prevention, risk management and risk mitigation.