Using a Professional Debt Collection Agency

Using a Professional Debt Collection Agency

Your business operates to make a profit, it is our business is to ensure it stays that way.

In the modern-day, using a professional debt collection agency is very much commonplace within most major companies and organisations.

Standards within the Debt Collection industry have dramatically increased over the past 10 years.

We are at the very forefront for levels of professionalism in terms of Commercial Debt Collection across the UK.

Despite industry advancement, some still have the mindset that there is little to be gained from using a Debt Collection Agency.

The major trade association for the industry is the Credit Services Association.

The CSA works tirelessly to improve the image of the industry and do this by introducing guidance and frameworks for improvement.

That said, there is a minority of unethical and improper companies out there.

Whilst this is true, the same can be said for almost any industry.

Despite these unprecedented industry improvements, some still worry that using debt collection services will either cost lots of time and money.

Many believe that those who recover unpaid invoices or collect unpaid debts will tarnish the business reputation.

We believe this could not be further from the truth of the matter.

Within this article, we will dispel negative myths regarding Debt Collection to help people make a fair and diligent judgement.

The Benefits of Using a Professional Debt Collection Agency

At Federal Management, we operate a completely transparent fee structure in the fact that there are no hidden fees!

Our Industry low commission rates start from as little as 6% for bigger debts and will increase for smaller debts.

Our pricing policy is extremely fair and we pass on any disbursements to the debtor where possible.

This is so we can minimise the cost to our clients and keep our service as affordable as possible.

Some Debt Collectors do operate hidden fees and will make you liable for all disbursements therein.

Some unjust organisations will use the gimmick of No Win – No Fee and will claim that there is no risk.

The risk is your reputation and business and if something seems to be too good to be true it usually is.

At outset, we provide a free risk analysis of whether we can attempt to collect your delinquent debts.

If we believe there is no reasonable prospect of a successful recovery, we will advise you.

We will tell you the reasonings for our decision and provide judgment on what you should do next.

Our mission is to make using a professional debt collection agency as easy as possible so our clients have peace of mind.

We provide a free initial assessment as part of our own due diligence.

Professionalism is not a word many may associate with debt collection agents but our awards say otherwise.

We have been ISO:9001 accredited since 2009 and have held the Investors in People award since 2010.

We pride ourselves on delivering a bespoke service that is designing to maximise results for our clients.

Every debt dealt with is treated on its own merit and we do not operate call centres or conveyor belt procedures.

Nor do we operate a service that seeks to monetise every action or task we perform.

We are an ethical, forward-thinking and pioneering company that prides itself on delivering a quality service.

This trustworthy service has been loved by British business owners since 2004.

Using a Professional Debt Collection Agency – Instruct Federal Management

At Federal Management, we want to ensure that those who are owed money receive the most hassle-free debt collection process.

It may seem stressful when needing to collect a debt, however, we are the experts that can help.

No one should have to worry about debts and we will do our best to provide businesses with the best service.

If you or your business is planning on using a professional debt collection agency, speak to us today about a realistic solution to a very real problem.

Posted on March 15, 2018