Are you incurring unnecessary costs to recover overdue accounts?
Overdue accounts impacting cash flow
Overdue/problematic accounts can cause a strain on your cash flow and the accounts department resources and can be costly to the business when you are unable to recover the outstanding commercial debt in-house and have to go down the legal route to recover.
The good news is that Darcey Quigley & Co can offer you an alternative to using a solicitor. Our Commercial Debt Recovery Service is a pre-litigation service and would be used instead of instructing a solicitor.
We believe the legal option is often a costly, lengthy and often an unnecessary step, with Commercial Debt Recovery being the preferred option for many businesses. With no upfront costs, our debt recovery service not only protects the profit margins, but also the commercial relationship between the two parties by settling any payment issues in an amicable manner where possible.
We have many clients that range from SME’s to large multi-nationals from a broad range of industries all over the world who have previously used solicitors to recover overdue/problematic accounts but felt that the process was very costly and time-consuming, sometimes taking up to 16 weeks to get a court hearing date.
Commercial Debt Recovery is a risk-free solution for you, as we only charge upon successful recovery of your commercial debt. We also action all cases within 1 hour of instruction and provide you will a full progress report within 48 hours.
Trial our service today and see for yourself the results we can achieve for you. If we do not recover you overdue/problematic accounts it will be at no cost to you and you will know within 48 hours your debtor’s situation. The quicker you act on these accounts the better chance you have of recovering them, as the longer you give the debtor to pay the more time you could be giving them to liquidate their business leaving you in a big queue of creditors with statistics showing the likely hood of recovery to you at this stage of 4%*
Don’t delay and contact us today to discuss your overdue/problematic accounts. Contact us on 01698 821 468 or [email protected]
(*Source: Report on the market for corporate insolvency practitioners, by the office of fair trading)
Meet our credit management and commercial debt recovery content writer, Declan!
With a keen eye for detail and a passion for educating others, Declan is committed to creating informative and engaging content that empowers readers to get a firner grasp of their credit control to improve their cashflow.
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