What Makes Federal Management The Leading UK Debt Collector?
Why is Federal Management’s Debt Recovery Solution the Best in the UK?
Federal Management – The UK’s Leading Debt Recovery Specialist
Debt recovery services, also known as debt collection, is the process of enforcing the collection of owed money. Every business in the UK is affected by non-paying clients. If left unchecked, this can have a serious effect on cash flow.
Business owners are no strangers to this subject, and recovering outstanding debt is one of the highest priorities companies have today. There are many reasons why debt recovery may be required. For example, a landlord might need to collect commercial rent arrears. Or, a business registered in England and Wales might need to recover money from unpaid invoices.
It is clear that both small and large businesses need an effective and low-cost debt recovery collection solution. Many aim to take matters into their own hands, with in-house credit control teams chasing payments. This, however, can often result in more time and money being spent than what is necessary. Most professional solutions have higher success rates, with Federal Management boasting a 90% recovery rate.
Federal Management provides a dedicated commercial debt recovery solution and is widely regarded as the UK’s leader in this niche. Our comprehensive debt collection process leaves no stone unturned, and our success rates are the highest in the UK.
Debt Recovery | Get Expert Help From Debt Collectors Now
If you need help with the Recovery of Debt, our friendly team of Debt Collection Experts is happy to help you today,
Perks of Federal Management’s Debt Recovery Solutions
As part of Federal Management’s leading commercial debt collection service, we provide several key benefits.
Lowest Commission Rates
Our debt collection commission rates begin from as low as 6%. This helps businesses of every size take proactive steps to recover their owed money.
Highest Recovery Success
The debt recovery rate is one of the most important factors to consider when choosing a collection agency. Federal Management’s average recovery rate is 90% on all undisputed business debts.
Award-Winning and Highly Accredited
As well as being approved by both the Financial Conduct Authority (FCA) and the Credit Services Association (CSA), Federal Management has won numerous awards. This demonstrates our commitment to professionalism and our dedication to setting the standard in the debt collection industry.
For more information on how Federal Management can help with your debt recovery, speak to us today. Our friendly experts will provide a free pre-action appraisal of your debt. This will give you a clear cost and time estimation as to when you can expect your money.
Services Offered by Our UK Debt Recovery Agency
As the UK’s leader in commercial debt recovery, we can help in almost any situation. Here are a few examples of how we can assist.
Business Debt Collection
Federal Management has helped thousands of businesses recover millions of pounds worth of unpaid debt since our opening in 2004. We understand the strain that unpaid invoices and overdue accounts can have on a business’s cash flow, which is why we act with urgency and professionalism. Our debt collection agents are skilled and have in-depth knowledge of every industry sector in the UK.
Our commercial debt collection process is well known, and our levels of professionalism are the highest. We are regulated by the Financial Conduct Authority (FCA) as well as the Credit Services Association (CSA). This means our clients have peace of mind that they are receiving the best service available.
We can also assist with bulk debt recovery solutions, ideal for companies who are overwhelmed with large amounts of overdue invoices.
International Debt Collection
As well as local and national debt services, Federal Management also provides the UK’s leading international debt collection service. We understand that when a debtor moves abroad it can be challenging and frustrating, which is why our local experts are your best option. Our low, fixed fee, award-winning service helps clients who would otherwise have few options.
International debt collection agents must take different factors into account. This might be something as simple as a language barrier to more complex factors such as local customs or cultures. Our trusted network of global debt partners enables us to collect debt from virtually anywhere in the world, leveraging their legal expertise and knowledge.
Personal Debt Collection
Smaller businesses, those that are self-employed, or sole traders also need a robust debt recovery collection agency. These businesses are often especially in need of help, as they may not have the means to pursue a debt themselves.
Federal Management’s personal debt collection service helps with these types of debt, as well as debt collection for VIPs and high-value debts. Our professional approach means you can focus on your business while we handle the complexities of debt recovery on your behalf.
Debt Recovery | Get Expert Help From Debt Collectors Now
If you need help with the Recovery of Debt, our friendly team of Debt Collection Experts is happy to help you today,
Frequently Asked Questions
Get answers to all your pressing questions about debt recovery with our comprehensive FAQ guide. From the process to the benefits, we’ve got you covered.
What is Debt Recovery?
Debt recovery is the process of enforcing the collection of any money that is owed to someone. There are many debt collection companies that specialise in recovering different types of debt. For example, a business debt recovery agency focuses on recovering commercial debt.
What is the Process of Debt Recovery?
Every collection agent has its own recovery process. Some may use face-to-face tactics, whilst others may take legal action. When searching for debt collection options, ensure that the agency you choose is regulated.
Federal Management is fully regulated by the CSA and FCA, meaning you’re in the hands of seasoned professionals. Plus, we ensure legal action is always a last resort, keeping the process low-cost and effective. We approach every case with ethical and professional processes, aiming to maintain a good relationship between you and your debtor.
What Does Debt Recovery Include?
Federal Management’s debt collection services are fully comprehensive and include all aspects of an effective collection process. For more information, speak to a debt expert now.
How Much Does Debt Collection Cost?
While all cases of debt are unique and must be priced individually, Federal Management’s commission rates begin at just 6%. A debt collection agency can provide lower-cost services than alternative options such as legal proceedings.