Why use a Commercial Debt Recovery Agency?

Chasing an overdue debt can be frustrating, time consuming, and further stretch your resources. All of which are likely to mean that your overdue debt can be even more costly – especially if you’re a smaller business and you’re spending excessive time chasing unpaid invoices, and neglecting other parts of your business.

So what is the right circumstance when you should instruct a professional?

If the debt is significantly overdue, then the sooner you instruct a professional then the more chance of it being paid. Usually, the older the overdue debt, the more difficult it is to get paid.

If you’re being ignored! It may seem an impossible task if you are not receiving any response. We have tools available to be able to trace and contact your debtor.

The invoice may be disputed, in which case, our professional staff can bring real benefits. If the customer is denying responsibility for the invoice or making a complaint in order to avoid making the payment, then we can act as a mediator to try to uncover the reason for non-payment.

Repeat offenders. You may be surprised how many times businesses experience late payment from the same clients – constant promises of payment only to default. We can give your client the right encouragement to ensure payment is made - and on time in the future - whilst protecting your relationship with them.

If your client is experiencing financial difficulties, we can advise on the best course of action. The sooner you take action, the better, as another supplier could have already instructed a third-party and been paid.