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PCRS provides a comprehensive debt recovery service to a broad range of clients from the public sector and insurance to large PLCs.

PICRS specializes in the pursuit of payments of outstanding debts owed to you, the creditor, by individuals or businesses, the debtors. Debt collection agencies are a proven method to recover losses and collect debts quickly, and PICRS has an incredible record of accomplishment. Behind this success comes years of experience, a large professional team and network, and of course a deep dedication to recover your losses. According to the survey, unpaid invoices can seriously affect your business if it is not handled correctly.

He describes the agency as an innovative medium which is regenerating oxygen within businesses by easing their cash flow working requirements. He also envisages steep growth within the organization and believes that PICRS will change the way credit is granted and managed in the local commercial sector and will help clients expand and grow responsibly, with healthy credit ratings. He also believes that the agency’s strategic alliances and affiliated partners make it the strongest credit management institution around UAE.

Our corporate solicitors' experience spans the full spectrum of corporate law from acquisitions and disposals to capital finance, re-structuring and succession planning. With a careful eye for detail, strategic thinking and proactive approach, our lawyers are a valuable ally in any corporate environment.

CEO & Founder

MOHAMMAD OBAID BAKHIT KHALFAN ALSUWAIDI

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Is to be recognized as the most reliable debt repossession, collection & Recovery Company in the market for all types of collection services, with special attention towards the banking and financing sectors. This vision is being achieved based on our strong values and principles.

The mission of PICRS is to remain a market leading collection agency, locally as well as overseas, by achieving the highest level of recovery for our clients, and providing exceptional service through a talented staff, a wide international network, and a recovery plan tailored to each client.

  • Achieving all our repossession, collection & recovery activities in strict compliance with local laws and best practices.
  • Focusing on a ‘creative problem-solving approach by educating debtors on the best settlement solutions, without compromising our client’s benefits.
  • Providing constant and consistent advice to debtors, in order to improve their relations with our clients
  • Executing repossession, collection & recovery services in the most professional manner, including adhering to confidentiality, protecting clients’ rights, and collecting their full dues.
  • Implementing and adhering to Strict privacy policies that apply to all types of actions before, during, and after settlement.

Offering diverse debt repossession, collection & recovery services including collecting debts and accounts receivables in all stages, for different sectors.

  • Achieving an extremely high success rate including completion of assignments where others have failed.
  • Understanding the values of time and money, thereby working smarter not longer.
  • Creating strategic alliances with external channel partners and lawyers for critical debtors.
  • Incorporating best Industry practices for repossession, collection & recovery of debts.

 

PICRS specializes in helping organizations maximize the collection of delinquent debt and, therefore, improve profitability. Through constant analysis of portfolio performance and innovation, we refine and deploy customer contact strategies, which positively affect impairment charges, strengthen balance sheets and significantly improve cash flow. By applying strategies that can enhance Return on Investment, decrease costs and help build flexible, scalable models, we provide contingency planning in the event of fluctuations in demand for collections services. As such outsourcing services solutions have become one of our core strategies. 

PICRS has an executive team, who are experts in debt management, and an operations team who are highly skilled in negotiation and compliance which enables them to help individuals bring their debt problems to an achievable conclusion. PICRS ensures and guarantees that the steps it takes are legal and in compliance with the U.A.E. government.

Head office based in Dubai, United Arab Emirates, and run by an experienced team of debt collectors and legal experts, Prime Claims Recovery Services has vast years of debt recovery experience which makes it one of the U.A.E’s leading debt collection agencies.

Our extensive client base ranges across the board from private individuals to blue chip & international companies based not only in the U.A.E but all over the globe.