Credit Collections (UK) Ltd will assist you to debt collect & improve the cash flow of your business. The use of a debt collection agency to help you debt collect is an excellent way of collecting a bad debt and can help improve your cash flow quickly.
Credit Collections (UK) Ltd excel in providing a fair debt collection services throughout the UK & will ensure that if you have to debt collect then it will be done quickly & efficiently with very competitive debt collection commission rates.
Many debtors experiencing financial difficulties will prioritise their creditors for payment. Often, those creditors who demonstrate that they are serious & have every intention to debt collect are most likely to be paid first. Our debt collect services can help you get to the front of the creditor queue, and are one of the most efficient and cost-effective ways to debt collect.
Credit Collections (UK) Ltd is a professional Debt Recovery Agency. We are experts in commercial debt collection and we are licensed by the Office of Fair Trading as debt collectors. You can therefore rest assured that we always operate to the very highest standards when we debt collect. As a debt collector we operate fair debt collection procedures which ensure excellent debt collection results for you but which remain strictly within the appropriate debt collection guidelines.
Our aim is to debt collect using a successful and flexible debt recovery process utilising experienced debt collectors & the latest debt collection computer software to track the debts we collect. Each debt collect matter is approached individually and we request payment through a combination of letter, telephone, email, fax & text message techniques. Our debt collect effort is escalated with every attempt we make to collect your unpaid account.
Many businesses end up in Liquidation because they fail to actively debt collect. They may have good products or services to offer & a market place into which to sell those products or services, but if they do not get paid & effectively debt collect then the business will fail. Many businesses that fail do so having significant book debts. If those debts had been recovered by way of bad debt collection then there would have been more cash in the business to allow it to continue trading.
If you are a company which has to debt collect from another company, since August 2002 you are able recover interest at 8% above base rate, as well as compensation under the Late Payment of Commercial Debts (Interest) Act 1998. Claiming interest & compensation under this statute often means that the cost to debt collect using a debt collection agency such as Credit Collections (UK) Ltd is significantly reduced.
1 Sheffield Road
Tel: 01246 411931