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The Benefits of a Corporate Debt Recovery Agency

the benefits of a corporate debt recovery agency

The Benefits of a Corporate Debt Recovery Agency

Businesses throughout the UK rely on a steady income of payments from their clients.

Without this, companies could not operate as they need to and would be at risk of closure due to a lack of funds.

Under normal circumstances, payments are made on time and cause no issues.

Despite this, there are still clients who will go to any length to avoid paying what they owe.

If this happens, business owners are often unsure of how to proceed.

Many factors contribute to their decision making, and they need to spend time considering the best solution.

The most widely used and effective solution is to instruct the services of a corporate debt recovery agency.

Federal Management is one such agency, and we have helped thousands of businesses recover millions of pounds worth of unpaid debt since our openings in 2004.

We asked our corporate debt recovery experts what the key benefits of instructing an agency were.

Corporate Debt Recovery | Get Expert Help From Debt Collectors Now

If you need help with a Debt, our friendly team of Debt Collection Experts is happy to help you today,

SPEAK TO A DEBT COLLECTION EXPERT

The Benefits of Instructing a Debt Recovery Agency

Corporate Debt Recovery Process

Most corporate businesses have a credit control process in place.

These processes can be effective in resolving minor issues with clients that have issues paying.

Many cases can be resolved with a short and polite conversation, whereas others require time to properly work through.

An example of this might be a client that can not be reached and must be chased continually.

If this continues for too long, the cost of recovering the debt using an in-house process might amount to more than the debt’s value.

As well as this, your credit control team will not be able to work on value-based tasks that grow the business…

…when they are spending too much time chasing clients for a payment that is outstanding.

Many people consider taking steps such as court actions for business debt.

Whilst this is a good measure, it can take a long time and seriously impact your cash flow.

A corporate debt collection agency will work on all matters relating to the recovery of your unpaid fees.

Federal Management, for example, has a robust and effective corporate debt collection process.

Our agents will enforce the collection of a debt professionally and diligently in a cost-effective manner.

Our process ensures that funds are recovered in a way that concludes the case amicably for all those that are involved.

This leaves client relationships unchanged, allowing future business opportunities to be undertaken.

As an accredited and award-winning organisation, we have developed and defined a series of innovative debt collection services.

These solutions are unrivalled in terms of cost and service.

Our practices are specifically bespoke to the client’s industry & needs.

Unlike, the majority, we do not operate ineffective call centres or use dialler telephone systems. The emphasis is very much on quality, not quantity as the results we obtain demonstrate.

Each and every case is dealt with by an experienced collections officer. and actioned on its own merits.

This maximises the amount of debt and is far greater than that of the ‘call centre’ type companies that operate with their conveyor belt procedures.

Our commitment to excellence is clearly demonstrated by our ISO:9001 accreditation, Investors in People Award and a 100% pass rate in the Credit Services Association’s ‘Collectors Accreditation Initiative’.

If you are seeking a corporate debt collection agency that truly maximises the results for your company then there really is only one solution, Federal Management.

Take the first step to increasing your company profits and speak to one of our expert advisers today.

Corporate Debt Recovery | Get Expert Help From Debt Collectors Now

If you need help with a Debt, our friendly team of Debt Collection Experts is happy to help you today,

SPEAK TO A DEBT COLLECTION EXPERT