ARM Industry Leader Coface Joins Alliance with DebtWatcher

Gibbsboro, NJ — DebtWatcher, an innovative Internet based interactive debt-search and alert system announced today that Coface Collections North America, Inc., a provider of commercial credit management services and part of the global Coface Group, has joined the DebtWatcher roster as its 12th and largest contributor.

“We are thrilled about Coface Collections joining forces with DebtWatcher. They are a powerhouse in the ARM industry and their involvement is a testament to the strength of the DebtWatcher product”, said Bob Leib, CEO, DebtWatcher.

“We quickly understood the power of DebtWatcher to provide powerful, real time information to make better credit and collection management decisions. We believe this will be an invaluable tool to our clients”, said Thomas E. Brenan IV, President of Coface Collections North America, Inc. 

Coface’s mission is to facilitate global business-to-business trade by offering its 130,000 customers four business lines to fully or partly outsource trade relationship management and to finance and protect their receivables: credit insurance, factoring, ratings and business information and receivables management. Due to the worldwide local service delivered by 6,600 staff in 67 countries, over 45% of the world’s 500 largest corporate groups are already customers of Coface.  Coface is a subsidiary of Natixis whose share capital (Tier 1) was 12.7 billion euros at the end of December 2009. Learn more at www.coface-usa.com.

DebtWatcher, founded by CEO Bob Leib, was created as a one-of-a-kind business that makes previously unavailable commercial collection information accessible to the credit and collections community. Its innovative and creative technology helps businesses make informed credit and collection decisions about customers, both current and delinquent. For more information visit www.debtwatcher.com