December 13 2011
Once again, dbs is setting the standards by delivering collection run rates at 99.4% on all warrants, which is up from last quarter.
dbs CEO Byron Crellin is putting this down to some of the 'prevention' services offered by dbs to get to tenants in the early stages of distress, rather than once the business has gone in to administration. By utilising services such as Red Flag Alert, clients can use the information available to determine the risk of some tenants and assess what the best course of action should be. By monitoring their portfolio on an ongoing basis clients can act quickly to instruct dbs to secure assets on their behalf before its too late.