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Browsing category: Debt Collection

How do debt collection agencies work?

How do debt collection agencies work?

Businesses who are owed money and have tried, unsuccessfully, to recover the money themselves, may consider using the services of a debt collection agency. If you have never used a collection agency before, you may be apprehensive about engaging their services because you do not know the process or understand how debt collection agencies work.

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What can a debt collection agency do for my business?

What can a debt collection agency do for my business?

Debt Collection Partner Debt collection agencies are a valuable resource for thousands of businesses across the UK. Good collection agencies offer much more than simply recovering a debt, they can become a trusted partner to the business. Here’s what a good debt collection agency can do for your business: Work with You: A good and […]

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How Valuable Is Your Time?

How Valuable Is Your Time?

A lot of businesses have had to adapt their model to survive the Covid-19 crisis, with some quickly diversifying their offer or becoming much more agile in how they delivered it. There has also been a period of enforced reflection for a lot of business owners who have had time to really think about how […]

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From crisis management to recovery phase

From crisis management to recovery phase

The coming few weeks will see the biggest tests so far in the drive to get the country and the economy moving again. From August 1st the government will begin to scale back the furlough scheme which has been the biggest single economic intervention of the crisis and has so far benefited over 9 million jobs. Moving forward businesses will be asked to contribute some of their own money to keep staff on furlough and funds will be completely removed by October in order to encourage everyone back into work.

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Economic recovery could take until 2024

Economic recovery could take until 2024

Streamlining efficiency and workflow will be crucial in the coming months. If your business spends time and allocates staff to chase overdue invoices, or as a business owner, you spend time worrying about how to recover money you are owed by clients, then it may be time to streamline your operation.

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Economy opening up after Lockdown?

Economy opening up after Lockdown?

More of the economy is opening up and people are now able to go out for a meal, go to the pub and cinema and go on holiday to number of destinations without having to quarantine on their return. The return of these businesses is a welcome sign that there is some semblance of normality […]

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How valuable is your time?

How valuable is your time?

All businesses rely on being paid for goods or services provided. This is what generates profit and keeps a businesses’ cash flow healthy allowing it to pay staff, expand product lines or services and invest in the future growth of the company. However, this transaction is not always as straightforward as it should be. The time spent chasing late payment is cited as the biggest obstacle facing business clients and not having the resources available to recover money owed is one of the most common reasons given for failures.

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Agile and Adaptable Debt Collection

Agile and Adaptable Debt Collection

As we emerge from the lockdown and move towards a new normal, it’s important for firms to be flexible, agile and adaptable in order to keep working and growing their businesses. We have seen may instances of businesses in the food and drinks market moving quickly to a delivery only model, while other firms have […]

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Is COVID-19 causing a cash flow crisis for your business?

Is COVID-19 causing a cash flow crisis for your business?

Whether it is debt recovery or our white label credit control service, our aim is to empower
your customers to repay the money owed to you. We promise firm but friendly
communications that ensure your reputation is maintained, enabling you to preserve the
working relationships you currently enjoy.

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