Successful Recovery of Transport Clients Overdue Account
Client – Transport Company vs Debtor – Industrial Scaffolding Manufacturer
Principal Sum – £19,462.67
Age of Invoice – 221 days old
Time to Recover: 48 hours
We were instructed by a transport company to recover a commercial debt against a scaffolding manufacturer for a principal sum of £19,462.67.
We successfully recovered the full principal sum within 48 hours of instruction, with the debt being 221 days old at the time of instruction.
Our client waited over 7 months to receive payment from their customer, within 48 hours of being instructed we were able to recover the full principal sum. We believe communication was key to the successful recovery of this case, as we begin speaking with the debtor within 1 hour of instruction and have a consistent telephone recovery strategy which is one of the greatest tools in the debt recovery process.