Because we believe that no business should suffer as a result of late payment or bad debt.
Founded in 2020 and based on decades of experience, Ko-bolt is a 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.
Using a variety of media, we aim to immediately open up a dialogue with the buyer to give them the tools they need to talk. We empathise with the buyer and we encourage them to work together, we focus on expediting payment by offering expert advice and support on improving their cash flow so that they can pay quickly, and the buyer-supplier relationship can be maintained.
Our CEO and Founder, Karl Hague, 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.