Debt Recovery & Collection
Cash flow is paramount to the success of any business – big or small, and it is not uncommon for a business to have difficulties with debt recovery and collection at one point or another.
Our Debt Recovery and Collection service can help eliminate the time, stress and inconvenience of debt recovery for your business. It can help free up internal resources allowing you time to focus on other important aspects of your business.
The service is cost effective and for £20 plus VAT we will send a letter to the debtor requesting payment. Our initial letter demanding payment is usually enough to encourage payment of the debt and over 50% of debtors provide payment upon receiving our initial letter.
In the event that payment is not made, we can issue a claim on your behalf. The costs of the action are fixed and this means that the costs are recoverable from the debtor.
Our team work with businesses of all sizes – some use us only two or three times a year – others we help effectively recover debts of all sizes on a monthly basis. Let us take care of your debt and allow you to focus on the future success of your business.
Since becoming a client of Stephens Scown Debtlink Debt Recovery Service, we at Mill Auto Supplies Ltd, have found their fast and effective Legal Department to be a great asset to our Company. To have the benefit of their experience and legal weight behind our in-house Credit Control Department has, without a doubt, made our debt recovery more successful. The system is quick, straight forward and results are high. Highly recommended
Mill Auto Supplies Ltd
Mrs Midge Stevenson