Cabot Financial Wins ?Debt Purchaser Of The Year? Award in UK

Cabot Financial Group, market leader in debt purchase, has been named ‘Debt Purchaser of the Year’ at the second annual Debt Collection Agency Awards in recognition of its achievements in the debt purchase industry.

The awards, which were held on 23rd October 2008, set the standard for professional excellence in debt collection and purchase and were held in association with Credit Today. This is the second time Cabot Financial has been recognised in these awards, having been shortlisted in the same category last year.

Ken Maynard, Group Chief Executive of Cabot Financial Group, commented, “This award is an important acknowledgment of our achievements over the past 12 months. Since initiating the first debt sale transaction nearly ten years ago, we have continued to cement our position as a leading purchaser in the UK and Europe. The award is testament to the dedication of all our employees.

“Looking forward to the next 12 months, the global economic situation presents challenges to all within the credit industry, but we continue to seek opportunities to grow the business while sustaining excellence through ethical collections.”

The Debt Purchaser of the Year award follows Cabot Financial’s success in the Contact Centre World Awards and being listed for the second year running in the Sunday Times Buyout 100 league table as one of the UK’s private equity-backed companies with the fastest growing profits.

Cabot Financial is a market leader in consumer debt purchase in the UK, formed in 1998.

For further information, see www.cabotfinancial.com