Company Information

Get to know Black Bear Collections

Black Bear Collections Ltd is a professional debt collection agency based in the United Kingdom. Founded by Chris and Becky Drakeley, the company provides both commercial (B2B) and private (B2C) debt recovery services. They operate on a "no collection, no fee" basis, meaning they only charge a commission on successfully recovered funds. The firm emphasizes an ethical and professional approach and is authorized and regulated by the Financial Conduct Authority (FCA). They utilize an in-house legal team to assist with the enforcement and collection process when necessary.

Industry

Financial Legal ServicePRIMARY
Financial Other Service

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Black Bear Collections

Australia

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.