Ayrshire-based debt recovery firm, BPO Collections, to acquire CCS Collect following £3.3m loan from OakNorth

  • Founded by Graham Rankin in 2006, BPO Collections is a leading debt recovery and collection business and is a wholly owned subsidiary of Canadian-based, Everyday People Financial Corp;
  • Headquartered in Ayrshire in South West Scotland, the BPO Collections’ clients include several blue-chip companies, such as Vodafone and Sky, as well as HMRC;
  • The £3.3m loan from OakNorth will support the firms acquisition of Surrey-based debt collection agency, CCS Collect;
  • Both companies have experienced strong growth as demand for debt collection increases, and emphasise supporting individuals in managing and reducing debt.

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a £3.3m loan to leading and well-established debt recovery company, BPO Collections, a wholly owned subsidiary of Canadian-based, Everyday People Financial Corp.

Founded by Graham Rankin in 2006, the firm prides itself on professionalism, and a drive to work closely and personally with its customers. It aims to find the most viable and affordable arrangements, each tailored to customers’ individual financial circumstances. Headquartered in Ayrshire in South West Scotland, the firm’s clients include several blue-chip companies, such as Vodafone and Sky, as well as HMRC.

The £3.3m loan from OakNorth will be used to support BPO Collections’ acquisition of debt collection agency, CCS Collect. Established in 1975 and headquartered in Surrey, the firm has built a strong reputation for helping consumers with their debts, including unpaid credit cards and utility bills, as well as fines for not paying tax on time. With customers also including some of the most well-known businesses, such as Sky and the DVLA, CCS Collect offers a customer portal that allows clients to manage their accounts easily and efficiently.

Graham Rankin, Founder & CEO of BPO Collections commented: “Dealing with debt shouldn’t be a stressful process, especially if you have a supportive, patient, and highly capable team on hand to help. We have always been impressed with CCS Collect’s strong reputation and growth and are excited to be joining forces to support even more customers. This acquisition wouldn’t have been possible without the support of OakNorth – like us, they clearly have a strong focus on customer experience, and a team of experts who will work with you to find the best way forward.”

Fraser McPhail, Senior Director of Debt Finance at OakNorth, added: “The management team behind BPO Collections, led by industry stalwart, Graham Rankin, is highly experienced and has an excellent track record. The firm’s client base continues to build organically with longstanding relationships with some of the UK’s biggest companies. With demand for debt collection services expected to grow and the acquisition of CCS Collect now complete, BPO Collections is well placed for future growth. We are delighted to have been able to support such a well-renowned and established debt recovery firm and look forward to supporting the expansion of the business.”

ENDS

Notes to editors

 Bbpmedia – Embracing the Future: Debt Collection Trends in the UK 2025

About OakNorth 

Launched in September 2015, OakNorth is the digital bank for entrepreneurs, by entrepreneurs, empowering the lower mid-market (businesses with £1m-£100m turnover) to support growth, prosperity, and innovation for the benefit of all. 

Since its launch, the bank has: 

  • Lent over £12bn to these businesses, directly helping with the creation of 47,000 new jobs and 29,000 new homes across the UK;
  • Provide deposit services to over c.285,000 savers.  

It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.  

Visit www.oaknorth.co.uk for more information. 

Media contact

Tom Pavey-Smith, Associate Director, Growth & Communications – [email protected] / [email protected] / 0791 716 5588

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