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Commercial Collections

Swift collection of overdue accounts is an essential component of the financial health of any organisation and is critical to improved cashflow. If your own efforts have not secured payment, the involvement of a third party is the obvious next step. If you are entrusting the lifeblood of the business to others surely it makes sense to choose a professional with the expertise to achieve the result you need.

Whether it be volume instructions or not, you want to know what is happening and feel confident that matters are progressing at the right speed.

Our specialist department handles a wide variety of different claims. However they never loose sight of the fact that for each separate case, they must take a COMMERCIAL VIEW and that full recovery is very important to the creditor client.

All instructions are actioned on the day of receipt whether that be to dispatch a letter of demand or even enforce a judgment previously obtained by the clients themselves. Each step thereafter is closely monitored and moved forward at the very earliest opportunity so as to maximise the potential for full recovery.

With the experience of those in this department, you are assured that every enforcement tool will be available and used to secure payment, including insolvency action where appropriate.

COSTS are always an issue and we work hard to ensure that you recover as much costs as possible from your debtors as well as all interest claimed on the outstanding debt. Our own fee structure assists this, in that our costs do, where possible, equate to those costs recoverable from the debtor. Further as our costs are at a fixed rate for each step, you will always be aware of your potential cost exposure. No commission is charged on any recovery made.

So that you always know the precise stage reached in each and every one of your cases, we place great store on REPORTING. A suite of different reports are available and are provided as part of the service FREE OF CHARGE. Most clients find these helpful at month end to allow review of all their cases. Additionally, by the provision of our own INTRANET we are able to allow you access to your own files which will show all steps taken up to that moment. Access to this is FREE and part of the service.

All this adds up to a service which is always focused on real and commercial results in a cost effective and efficient manner. It allows your own team to focus on "current" debts with the confidence that the service provided by us is tailored to your needs and compliments their efforts.

If you want to receive more detailed information, including costs details please CONTACT US

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