TABLE OF COMPANY’S CHARGES FOR SERVICES

   

SERVICES

 

COMMISSION (%)

 

OTHER FEES & CHARGES

 

 

1

 

Normal Debt Collection (Tsh. 10,000.00 – 100,000,000.00)

 

 

10%

 

 

Professional fees

 

 

2

 

Normal Debt Collection (Tsh. 100,000,000.00 and above)

 

 

7%

 

 

Professional fees

 

 

3

 

Auctioneering of mortgaged properties (Tsh. 10,000.00 – 100,000,000.00

 

 

12%

 

Professional fees and advertising

 

 

4

 

Auctioneering of mortgaged properties (Tsh. 100,000,000 and above)

 

 

7%

 

Professional fees and advertising

 

 

5

 

Repossession of vehicles and machinery (Below 10 tones)

 

 

NIL

 

Search fees and towing charges per km(Subject to

negotiation)

 

 

6

 

Repossession of vehicles and machinery (Above 10 tones)

 

 

NIL

 

Search fees and towing charges per km (Subject to negotiation)

 

 

 

7

 

 

Auctioneering of repossessed vehicles and other items

 

 

 

10%

 

Storage charges per day (To be deducted from auction proceeds)

 

* All commissions for the services are negotiable before reaching a contract with any client.