We could recover your business debts at no cost to you.
We do this differently to a traditional commercial debt collection agency.
When listening to our business clients, they often say they do not want to compromise existing relationships and would like to continue investing money back into the business, but find cash ‘locked up’ in unpaid invoices, some going back years. Sometimes non-payment can be due to a disagreement over the amount due or the terms of a contract, or some owners prefer to protect the trading relationship they have built up over the years (and their own reputation), so might consider writing off invoices as a result. Or other businesses are unsure where they legally stand so can spend hours chasing invoices when there are other ways to achieve payment.
Whatever your situation, our team can help inject cash into the business by recovering outstanding invoices up to six years old, as our Discovery Pack explains.
If the above situations sound familiar or you answer yes to any of these 5 questions, read on:
- Do you have recent or historic debts of up to six years old which you have given up any hope of recovering?
- Have you tried chasing money owed to you to improve your profits and find it’s taking up time which could be better spent running your business?
- Would you like to recover debts with no impact on your business relationships or your reputation?
- Have you tried a debt collection agency with mixed results?
- Would you like an experienced recovery team to collect your debt no matter how complicated or difficult it may be?
How does our commercial debt recovery work?
There are no hidden extras such as charges or retainers contained in our comprehensive commercial debt recovery process. We can often collect commercial debt at no cost to the business – quickly, completely, and transparently. Our commercial debt recovery specialists recovered £276k for one client within 6 weeks.
Our dedicated business debt recovery service works in three areas: Pursue. Prevent. Protect.
Pursue.
You’ll have peace of mind that your money is being pursued by a dedicated and experienced commercial recovery team, working on your behalf. Unlike debt collection agencies, our specialists work in a regulated environment bound by strict standards of the SRA (Solicitors Regulation Authority) which guarantee quality and accountability.
Prevent.
The reputation and trading relationships of your business can take years to build, and just moments to damage. Our experienced team can step in to recover money owed to your business and maintain important relationships. Through our flag system we ensure we are preventing reputational damage, keeping relationships intact during the entire recovery process.
Protect.
As part of our commercial recoveries service designed to protect your profits, we will also briefly review your business contracts or terms and conditions at no cost to make sure they are providing the right long term protection.
Not all commercial recoveries services are the same
In the short term we recover money owed to your business, and longer term we can ensure you get paid on time, every time in the future.
More than commercial recoveries
If you reach the stage of having to issue proceedings, our in-house experts have flexible cost options to fund taking that step, supporting you throughout the process without having to outsource to another business.
Email or call Michael, who heads up our Commercial Recoveries team in confidence for a free, initial no obligation conversation.
Our comprehensive support covers disputes, litigation and mediation, and financial advice.
We act for a wide range of clients including property managers, recruitment companies, credit groups, insolvency practitioners and accountants.
About our commercial recoveries service for business
How much would it cost – based on recovering £1000?
Our Commercial Recoveries team works on a no collection, no fee basis on pre-legal matters.
Our costs are based on both the percentage value of the debt we are instructed to collect, and the age of the debt.
Example 1*:
- £1000 debt to be recovered.
- Less than 12 months old.
- Our fees cost you = £200.
Example 2*:
- £0.00 – £5,000 – 20%
- £5,0001 – £10,000 – 15%
- £10,001 – £50,000 – 10%
- £50,001 – £99,999.99 – 5%
- £100k + – 2.5%
Depending on your contract with the debtor, we may be able to recover these costs from them – which means offering you a commercial recovery service at no cost to your business.
*These costs apply up to the point at where a file requires the issuing of court proceedings and exclude VAT.
How long will it take?
We act within 24 hours following instruction, and the time taken to collect the debt varies depending on the case.
Our team includes Michael, the Head of our Commercial Recoveries team. Contact him in confidence for a free, initial no obligation conversation.
