Debt Collection for Wholesalers
Award-Winning Debt Collection for Wholesalers
The effectiveness of debt collection for wholesalers plays a major role in ensuring how profitable they are.
The United Kingdom has a large network of wholesalers and distributors.
This network employs over one million people and turning over tens of billions of pounds.
The wholesalers distribution network provides a link between manufacturers and independent retailers and caterers.
Food and drink wholesalers alone supply more than 400,000 food service and retail firms across the UK.
As well as food and drink, there are many different types of wholesalers…
…that have a significant role to play in the UK’s economy.
As a wholesaler, we understand that you will be incredibly busy and may not have time to focus on unpaid invoices.
Whether your wholesale company is a large or small business…
…it is imperative that you maintain a tight reign on your credit control.
Controlling Cash Flow the Right Way
Cash flow is the lifeblood of any wholesalers business.
With this in mind, you will need to monitor it like a hawk ensuring tight control.
Unpaid accounts and invoices can mean missed opportunities such as purchasing new stock, new equipment or even new staff.
An efficient and dedicated credit control system will enable you to do this with minimum effort.
When a Customer Does Not Pay
Hopefully, you will have credit checked your customer initially but as we all know.
There are some that just do not like to pay what they owe whatever the situation.
Whether it is a sole trader or a limited company, there is a cost-effective recourse for this scenario.
At Federal Management, we have hundreds of years of combined experience in dealing with all types of unpaid debts for wholesalers.
We have a long track record of success in business debt collection for wholesalers.
We know the mindset of debtors and every trick and excuse in the book to avoid payment.
A reliable debt collection for wholesalers solution will be a valuable resource to credit control teams.
It will also help to minimise any potential losses to a business.
Typical types of debt collection for wholesalers services we provide are:
- Electrical wholesalers & distributors
- Food & Grocery Wholesalers
- Wine & Alcohol Wholesalers
- Textiles & Clothing Wholesalers
- Dropshipping Wholesalers
- Sports and Manufacturing Wholesalers
- Computer Wholesalers
- Toy Wholesalers
- Jewellery Wholesalers
- Cosmetic Wholesalers
- Timber Merchants
The wholesales industry is worth billions to the UK economy but that massive value weakens when a wholesaler does receive payment.
The wholesale industry needs the support of a professional and ethical debt collection agency to continue to grow.
A specialist debt collection agency that serves the purposes of wholesalers can only be seen as a positive thing.
Using a professional wholesale debt collection service is viewed as an effective measure.
No wholesaler business needs that kind of customer so it is imperative that collection steps are taken to rectify the situation.
Trade associations such as the electrical distributors association can be of great help.
Simple and smart solution
As you will be aware, the stress and frustration of being owed money are not good for productivity. You will spend more time on the minority who do not pay than the majority who do pay.
It does not matter if you are a catering supplies wholesaler or a electrical wholesaler, we can help.
We provide a professional debt recovery service that provides peace of mind and allows you to focus on growing your business.
At Federal Management, we understand the need to recover as much as possible whilst maintaining a professional image.
Speak to one of our friendly team of award-winning debt collectors today.
With our help, you can start recovering your unpaid accounts and invoices the smart way.