When choosing a commercial debt collection service, make sure that your provider will take the time to gain a comprehensive insight into your business operations. Do you have an individual debt or do you need bulk debt recovery to deal with several late-paying clients? Do you want to make sure that you minimise future risks when dealing with clients both in the UK and abroad?
Take the worry out of trading overseas by harnessing the power of our experience and expertise in tailoring debt and credit management solutions that will benefit your business in the future. There are several options for maximising your business cash flow and streamlining your financial operations. An experienced commercial collection services company will provide an assessment based on your individual needs, offering you the resources and information necessary to equip you with the confidence necessary to take your business to a new level.
If your company is owed money from clients overseas, don’t waste more time and money when outsourcing the debt recovery action. Benefit your business with the reassurance provided by a guarantee of a “no win, no fee” service.
Make sure you take the time to find an ethical debt collection company with a reputation for reliability and transparency.
Debt collection is a specialist field – it’s not only your business finances that are at stake, but your professional reputation too. While you need to recover monies owed to your business, it is vital to maintain a good relationship with your clients whilst doing so.
Your business finances are vital and should only be entrusted to a commercial debt collection agency that has solid credentials, backed by years of experience and expertise in recovering monies from debtors in all parts of the world.
If so, you may have experienced difficulties with late or non-payment. Don’t waste your time and money chasing debtors – hand over the problem to a professional international commercial debt collection agency that has experience of recovering unpaid debts.
A robust business relies on a healthy cash flow for success. When you’re faced with non-payment, a commercial debt collection professional can safeguard your vital cash flow and turn your business around whilst still maintaining strong relationships with your clients at home and abroad.
Recovering debts is a complicated business, each has the potential to cause further delay and expense, not to mention worry. Seeking professional advice from a service provider with specific experience of dealing with slow-paying debtors is essential for success. An expert international debt collection service with successful experience of recovering funds from UK and overseas clients will help you negotiate the issues involved and benefit your business in the long term.
In order to cut through the vast number of debt collection providers offering their services online, there are credit rating systems and association memberships that are designed to offer you peace of mind when choosing a reputable company with an ethical approach to your debt collection requirements.
The International Association of Credit and Collection Professionals (ACE) was launched in 1939 to promote and ensure ethical standards in the industry and to guarantee that its members offer a valuable service to the broader community. Check that your international debt collection provider of choice displays ACA membership.
Equifax in a world leader in providing international credit ratings for companies, so it’s essential to choose a provider with an Equifax ‘A’ rating. Creditsafe is the UK market leader in providing credit information on more than 4.5 million UK businesses. To be sure of success, make sure any debt collection service provider you hire enjoys high Creditsafe and Equifax ratings.
– It is essential that your confidential business information is stored in a safe and secure manner to guarantee the integrity of your business records. Check that the Data Protection Policy of the company your choose to recover debts owing to your business is committed to ensuring that your business information is securely stored for the designated time and then destroyed in a safe manner.
There are laws and licences designed to protect your business finances – any reputable commercial debt collection service will be happy to provide you with their company information, including VAT and Company Registration numbers. Make sure that the provider you choose is fully compliant with the new GDPR data protection legislation and that the company has comprehensive professional and indemnity insurance cover.
Make sure that the debt recovery professional you choose has a proven track record of success in both the UK and overseas and offers a personalised service at a reasonable rate. An initial assessment of your debt portfolio should take into consideration the circumstances which led to the debt, your previous efforts at recovery, and the status of the debtor’s business.
A debt collection provider offering the above-mentioned services and a specific timeframe in which to secure recovery of the debt should have a proven track record in dealing with debt in Europe and should have such confidence in their ability that they offer their services on a contingency (no win, no fee) basis.
Don’t risk your business – bring in a professional debt collection provider with an established record of success in the international debt recovery field, backed up by sound credit ratings and association membership.
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