SMEs often face the challenge of unpaid invoices and overdue accounts. This can lead to cash flow problems, hindering growth and even threatening the survival of the business. Engaging with a debt collection agency like Debt-Claims can be a game-changing decision. Here is what to expect when you choose to work with a professional debt collection agency for your business.
1. A Tailored Approach to Your Business
Every business is unique, and so are its debt recovery needs. Debt-Claims offers a tailored approach to suit the specific requirements of your business. Whether it is a one-time debt recovery or an ongoing partnership, the team at Debt-Claims will work closely with you to understand your needs and provide customised solutions.
2. Professional Debt Recovery Services
Debt-Claims offers a range of services to assist with debt recovery:
- Letter Before Action: A formal notice to the debtor, outlining the debt and the actions that will be taken if payment is not made.
- Pre-Action Legal Proceedings: If the debtor fails to respond, legal proceedings can be initiated.
- Enforcement: Taking legal action to enforce a judgment.
- Insolvency: Handling cases where the debtor is insolvent.
These services are backed by a team of specialist Debt Recovery Solicitors, ensuring that your case is handled with the utmost professionalism.
3. Partnership Opportunities
Debt-Claims offers partnership opportunities to various organisations, including accountancy firms, debt collection agencies, and lease companies. This can be a revenue-generating service or a way to improve internal efficiency, positively impacting your bottom line.
4. Case Studies and Success Stories
A business was struggling with a debtor who refused to pay. Debt-Claims initiated winding-up proceedings, leading to a successful resolution.
Serving a Statutory Demand
In another case, Debt-Claims served a statutory demand to a debtor, leading to prompt payment and resolution of the issue.
Debt-Claims handled a complex bankruptcy case, navigating legal challenges to recover the owed amount.
5. Why Partner with Debt-Claims?
- Discounted Fees: Based on the volume of claims.
- API Integration Options: For seamless collaboration.
- Live Visibility of Claims Progress: Stay updated in real-time.
- Dedicated Account Management Support: Ensuring smooth communication.
Debt collection is a critical aspect of maintaining healthy cash flow for small businesses. By partnering with Debt-Claims, you gain access to professional services, tailored solutions, and the support of a team of specialist debt recovery solicitors. Whether it is recovering a single debt or establishing a long-term partnership, Debt-Claims offers the expertise and support you need to keep your business thriving.
To find out more about how Debt-Claims can assist your business, contact us today or call us on 02475 185 608.