BetterWay

About Us

Success isn’t a mystery; it is the result of diligent preparation, hard work, and continuous learning.

 

BetterWay Financial Solutions was established in 2022 following a review of the consistently changing climate of credit management and collection.

BetterWay Financial Solutions believe in providing the consumer with options as a form of empowerment to make their own decisions, creating visibility on progress for their debt and incentivising accordingly.

We aim to develop a successful web-based and automated business model. We believe that our success is intertwined with the success of our consumers, and our business philosophy revolves around three key principles:

  • Treat our consumers with respect, dignity, and empowerment (where able);
  • A seamless and superior return for our clients; and
  • Fostering a culture built on success, high performance, and job satisfaction.

Our Vision

To enhance the delivery of sustainable financial solutions while maintaining affordability through flexible repayment options, our advanced automated webbased business model aims to improve customer engagement and set us apart from competitors in the industry.

Our Mission

We are dedicated to delivering outstanding customer service through close collaboration with our clients and partners. By building strong relationships and applying our expertise, we strive to achieve mutually beneficial outcomes that promote success and satisfaction for all stakeholders.

Our Services

Betterway Financial Solutions aims to become one of Australia’s leading receivables management firms, recognised for our innovative strategies and advanced technology. Our expert approach to managing collections at every stage of delinquency enables us to deliver exceptional results for our clients. With a proven track record of compliance and a commitment to sustainability, we strive to be regarded as one of the most trusted names in the industry. Our strong financial position allows us to effectively meet our clients’ needs, even amid fluctuating market conditions. At Betterway Financial Solutions, we are dedicated to providing superior brand protection, outstanding financial outcomes, and reliable, high-quality service.

Debt Sale Solutions

Debt sales offer a swift and reliable method for addressing overdue accounts. By opting for debt sale, you secure immediate cash flow and avoid the costs of ongoing debt collection efforts. At Betterway Financial Solutions, we are renowned for providing top market rates and maintaining excellent brand protection. We are interested in acquiring various forms of debt, including but not limited to:

  • Regular or one-time bulk portfolios
  • Accounts overdue from 90 days to 2000 days
  • High-risk debts before charge-off
  • Performing or current accounts
  • Insolvency or Part IX cases
  • Secured and unsecured debts
  • Accounts with missing individuals
  • Judgements

Contingency / Agency Collections

We focus on recovering debts for both consumer and small business clients. Our services are designed to enhance your collection effectiveness and minimise fixed costs, resulting in better cash flow and increased profitability.

Our offerings include:

  • Early and Late Stage Agency Collections
  • Debt recovery services on a commission or fee-for-service basis
  • Customised workflows tailored to client requirements
  • Flexible data handling formats
  • Comprehensive Receivables Management
    • Handling accounts from as early as 1 day overdue
    • Implementing strategies based on collection or cure
    • Lower operating costs while maintaining or boosting returns

Overflow Services

Our overflow services are available on short notice and are charged based on
the type of activity needed, on a fee-for-service basis.

Hardship & Insolvency Management
Hardship Management:

  • Complete range of services, including assessment of hardship
  • Maintenance of customised payment plans
  • Tailored reporting options

Insolvency Management:

  • Full management of the insolvency process, including voting and
    dividend collection