"Cycle Credit" is established in November 1996 in Athens, Greece grounded on its founders' competence in the collection of overdue payments. In November 2004, the company opened its first subsidiary in Bucharest, Romania. Simultaneously with its development in Romania, "Cycle Credit" opened a new office in Belgrade, Serbia; and at the end of 2008 it opened its newest subsidiary in Bulgaria.
Advanced IT systems have been tailor made for the specific needs of each country, provided that our "modus operandi": to be confidential, customer focused and professional- has been successfully conveyed throughout all countries where we operate.
Today, "Cycle Credit" is a subsidiary of ICAP Group, the largest business services group in Greece with more than 50 years of experience. The Group has a strong presence in Southeast Europe and subsidiaries in Romania, Bulgaria and Serbia, as well as offices in 5 cities in Greece. The ICAP Group is developing as a multidisciplinary group that offers credit risk services, management consultancy, market solutions and human resource services.