As Factors, we have a duty to manage development cashflow and customer payments.

In order for us to manage a development effectively, strict credit control and income recovery (or debt management) processes must be in place. James Gibb has an enviable record of successfully pursuing debtors ensuring that the Development funds, as a whole, are healthy.

It is worth bearing in mind that a whole development can suffer if their communal funds are not sufficient to cover on-going costs. As a result, James Gibb residential factors see it as their responsibility to ensure debtors are pursued quickly in order that the common funds are protected.

Our Support Services team employs three full time income recovery staff to ensure that personal and development debt is kept to as low a level as possible.