Top Debt Collection Agency Manchester ✔️ 2023
Expert Debt Collection Agency Manchester
Are you an individual or business based in Manchester that needs help recovering a debt?
Manchester is among the most populous cities in the UK, with a total population of around 2.7 million people.
There are around 124,000 businesses that have made their home in the city, operating across all business sectors.
This, combined with the population, makes it a hotspot for issues related to cash flow, late payments, etc.
Barclays Bank indicated that around three in five businesses in the UK are owed money from late payments.
When a business transaction turns south and the client decides to withhold money, a debt collection agency Manchester solution is needed.
There are many Manchester debt recovery options to choose from, each with its success rates, costs and procedures.
Is using a debt collection agency the best way to recover unpaid money in Greater Manchester?
Our debt collectors have provided us with some of the main reasons why you should look into this option.
Using a Debt Collection Agency in Manchester
For many years, businesses and individuals in Manchester struggled with the occurrence of clients not paying invoices on time. Since 2004, Federal Management has helped thousands of entities collect what is owed to them.
Business transactions can sometimes be fast-paced, which stops the carefulness of invoicing correctly and agreeing to payment terms.
This is especially true if you have a good relationship with the client and they need a job done quickly.
As such, it can be particularly disappointing when they end up failing to keep up with payment obligations.
You may opt to recover the debt alone, with the perception of this being easier as you can control the process.
Alternatively, you may wish to instigate legal action and use expert debt collection solicitors.
In reality, the most beneficial way to recover your money is to use a debt recovery agency.
Federal Management, for example, is no stranger to recovering money on behalf of businesses in Manchester.
Debt Collection Agency Manchester – The Benefits
The benefits of using a business debt collecting service like Federal Management outweigh that of other options.
In recent years, this has quickly become the most used method for businesses needing a way to recover unpaid debts.
The main benefits of using debt recovery agents to get unpaid accounts collected are:
- High recovery rates of up to 90% and above on undisputed debts.
- Industry-low commission rates from as little as 6%
- An international team of debt collectors means that money can be recovered globally.
- No relationships are damaged during the professional debt recovery process.
- Debt collection agencies have experience recovering money in all industry sectors.
If you are looking for a debt collection agency in Manchester, look no further than Federal Management.
We are renowned for providing the leading commercial debt recovery service in the UK for businesses just like you.
Contact our team of experts today to start the recovery process of your unpaid or overdue accounts. Thousands of Manchester businesses have been in financial distress due to unpaid debts, don’t let yours become one of them.
Debt Collection Manchester – FAQ
I have a customer in Manchester that has not paid, what can I do?
There are options for debt recovery in Manchester, including recovering this alone, legal action or using a collection agency. Speak to one of our friendly Debt Collection team today who can answer any questions you may have.
I am a private individual that is owed money in Manchester – can you help?
Yes, we work in partnership with Frontline Collections. We have helped thousands of individuals collect monies owed to them with expert personal debt collection solutions.
What if I am based in Manchester but the debtor is based overseas?
The options for debt collection can still be implemented even if the debtor is based overseas. Professional agencies can undertake international debt collection, regardless of location.
Should I use a solicitor based in Manchester to recover the debt?
If you use a solicitor to recover debts, this can end up costing lots due to increased legal fees. We recommend that you use a debt collection agency instead.
What is the debt collection agency Manchester process?
When you contact Federal Management, we will ask you to provide all relevant information related to the debt. From there we will provide you with a FREE pre-action appraisal to indicate the success.
What are the costs for debt collection Manchester?
At Federal Management, we charge the lowest commission rates in the industry as low as 6%. Our services are low fixed fee and transparent. We do not take on a debt if there is no reasonable cause to belief it can be recovered in full.
In return you get maximum debt collection effort from the UK’s most prestigious Debt Collection Agency.
Do you deal with customer serving businesses?
Why use a Professional Debt Collection Agency in Manchester?
Working with a Professional Debt Collection Agency in Manchester can help you or your Business recover owed monies. This is done in a lawful and compliant manner.
A Debt Collection Agency will be an ambassador for you or your Business so it is essential you use a regulated and ethical debt collection company in Manchester. Any licenced debt collector will be able to provide you with evidence of their accreditation.
Federal Management are FCA regulated and accredited members of the Credit Services Association. We take pride in our ethical approach to recovering debts for clients. We use all available resources and legal measures necessary to secure payment yet treat customers with dignity and respect during the entire process.