Collection Market is the world’s only secure platform that connects small and midsize companies to the best debt collection agencies, absolutely free of charge.

Collection Market brings together the companies struggling to get rid of bad debts and the debt collection agencies that want to grow their business — all in one easy-to-use platform. The result: the ultimate one-stop-shop for debt collection.

Debt collection is a huge industry, collecting tens of billions in debt each year. It’s also one of the most fragmented industries, resulting in incredible amounts of frustration for both companies and debt collectors.

For companies, bad debts can be disastrous. They can damage a company’s reputation, destroy profits, and put the very survival of the company at risk.

Finding the best way to get rid of a bad debt is an exercise in frustration: the market is crowded and fragmented, making searching and researching debt collection agencies a time-consuming and stressful endeavor — one in which mistakes can be very costly.

For debt collection agencies (DCAs), the vast majority of the industry are small firms with limited advertising budgets. Their lack of visibility, combined with the high cost of marketing and a highly competitive environment, make it exceedingly difficult to stand out, attract new customers, and grow their business.

Collection Market is the perfect solution for both companies and debt collection agencies. CM is a marketplace that gives companies access to the widest range of DCAs that will either collect the debt or buy the bad debts outright.

DCAs can contact potential customers for free, giving them great visibility at a much lower cost than traditional marketing and advertising. With Collection Market, it’s never been easier for or more cost-effective for debt collectors to bring in new clients.

Using Collection Market is simple. Here’s how it works:

For companies:

• Post your non-performing debt for collection or for sale
• Receive proposals from qualified debt collectors
• Sit back and wait for the best proposal
• Get paid

For agencies:

• Browse projects that fit your criteria
• Submit a proposal to buy the debt or collect
• Win the project
• Get paid

Our marketplace makes it easy for companies to quickly find the best agency through a star rating process that allows for fast filtering. And only Collection Market allows agencies to find and monitor clients, all in the same place.

With Collection Market, debt collection is finally unified, fast, and easy.

We’re excited to announce that our platform will be available in August, with full functionality. In May, we launched the landing page to open the platform to signups. We’ve seen incredibly strong interest from debt collection agencies, and have signed up 110 agencies to date .

Collection Market will launch in both the United Kingdom and the United States. For future expansion, we’ve already begun research into foreign markets: Australia, Germany, Russia, Brazil, and China.

Meet Julius Reynolds, the Collection Market CEO. Julius has more than five years of experience in the hedge fund sector, where he cultivated impressive investment research skills and ran two investment funds with more than $25 million in assets. He conducted due diligence for solar energy products in Italy and Ukraine, and has performed extensive international work, building a growing network of business contacts in Russia, Italy, Switzerland, the UK, Canada, and China. He's also published two books on energy politics. Mr. Reynolds has undergraduate degrees from Bocconi University and graduate degrees from Oxford University and CEU.