CCR Magazine

You are here  :Home arrow News arrow Straetus expands into the USA and Australia
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Straetus expands into the USA and Australia PDF Print E-mail
Tuesday, 16 June 2015

Straetus, the world’s largest debt collection organization, recently signed a master franchise agreement with United Franchise Group (UFG). Straetus is already active in Europe, Russia, the Middle East and with this step within the USA and Australia as well.

“Straetus considers the USA and Australia as emerging markets, because of the payment culture of domestic companies. They are becoming increasingly uncertain and, in the absence of a harmonized framework on late payments, payment terms remain a mere contractual issue and the average DSO (Days Sales Outstanding) tends to be high. Today, for every small and medium enterprise it is crucial to have a professional debt collector as a partner.” says Emile Spruijt, CEO of Straetus International.

Franchise giant UFG (over 1400 franchisees), added the Straetus Brand to their portfolio by signing a master franchise agreement and targets to sell 50 franchisees in the USA and 5 franchisees in Australia, within the first 12 months.

“These new Straetus debt collectors, will start to help our current franchisees with their receivables. With this, our current franchisees will decrease their DSO, are able to invest this extra working capital in their business, accelerate their business and achieve their goals. A perfect example of a Win-Win situation”, says Ray Titus, CEO of Straetus USA LLC.

Straetus will launch the brand, “The friendly Debt Collector”, during UFG’s next World Expo in Las Vegas and during the International Franchise Expo in New York.

(Source - Straetus Press Release)  


 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197