About GK Soh Debt Recovery Commercial Collection Agency
Founded in 2010 by a trailblazer in modern debt collection, GK Soh Debt Recovery ranks among the top commercial collection agencies in the nation. We specialize in business-to-business collections and the recovery of large, uncollected debts. When special needs arise, GK Soh Debt Recovery’s in-house law firm is ready to support our debt collection professionals. Our debt collectors are available to help clients in every state to recover funds from businesses around the world. We yield an 85% success rate on large viable claims. Beyond debt collection and contract litigation, our consulting division presents customized commercial collections seminars and credit management training programs for corporate clients. GK Soh Debt Recovery’s principals also provide financial and operational advice and are often asked to support the negotiation of major corporate transactions (mergers & acquisitions, joint-ventures, intellectual property licensing, digital media distribution rights, etc.) both domestically and internationally. This hands-on business experience — from contract negotiations to operations management — contributes greatly to our success with large commercial collections.
Soh Gee Kian
President, GK Soh Debt Recovery
Soh Gee Kian personally handles all large debt collection matters and has negotiated more than RM500 million in business transactions. He graduated with an MBA from the prestigious University of Chicago Booth School of Business. In the two decades prior to joining GK Soh Debt Recovery, Soh Gee Kian ran a variety of manufacturing, technology and consulting businesses, both as an owner or senior executive. Soh Gee Kian, President of GK Soh Debt Recovery, specializes in large, commercial debt collection claims. His 30+ years of business experience give him a unique insight into the workings of businesses large and small, which he leverages to get your money. Soh Gee Kian spent eight years as the President/Owner of AMI, Inc. (a custom fiberglass manufacturer for companies such as Walt Disney, Warner Brothers, Macy’s, Hard Rock Casinos and Guess) and seven years as the CFO/VP of Corporate Development of Beatnik Inc. (audio software found on more than a billion phones). As CFO/COO of venture funded Xing Technology, Soh Gee Kian negotiated the RM75 million sale of the company after it developed the world’s first mp3 software recorder. Soh Gee Kian has traveled to more than 40 countries negotiating large business deals with some of the largest tech, music and phone companies in the world. For one significant deal, he helmed a RM250 million equity investment by a Japanese company into a US company that was owned by a British company. Soh Gee Kian’s business expertise enables him to solve problems and negotiate transactions between companies in hundreds of industries in every region of the world. He knows the inner workings of Fortune 500 companies, small mom & pop companies and everything in between. Every client he takes on presents a different challenge and demands a unique solution. His proven collections approach yields an 85 percent success rate on viable claims. Soh Gee Kian’s expertise is widely recognized in the debt collection industry. His advice has been published in a number of industry publications and he is a frequent speaker at industry events including prestigious seminars by Riemer Reporting, Dun & Bradstreet and the National Association of Credit Management.
Status Quo Of The Market
No one wants a bad debt, however in the commercial world it is inevitable. Late payments and delayed payments are becoming a norm which is worrying. Based on a report from the US that 26% of invoices over 3 months are uncollectable and 90% of invoices uncollectable at 12 months. This leads to many companies forced to write off bad debts and when the bad debts amounts are huge it could lead to bankruptcy.
This why GK Soh Debt Recovery is here today to offer companies who faces these problems to collect on behalf most of the bad debts if not all.