Sunday, November 20, 2011

Using the Wrong Debt Collection Agency Often Results in Non-Recovery

The success of any business relies on timely payments of clients and the ability to stay in control of your sales and, in turn, your cash flow. We all know what happens when a once trusted customer quickly becomes a ‘hard core’ debtor. It happens quickly and far too frequently nowadays and less latitude on agreed payment terms is and will become, an essential part of every micro, small, SME and large/public companies credit control/management and general trading policies and so it should

Taking on the task of debt recovery yourself is often a recipe for disaster and can result in the recovery costing more than the debt itself. You can’t simply choose just any third party to recover the debt for you.

“Every debt is different, and the hard task is to find the company best suited to recover debt Creditors need to find the right Debt Collection Agency to take the reins and handle customer slow, late and bad payment for you.” In short you need a debt collection agency to get you paid fast, before everybody else and before it gets too late and that’s where DebtorsDatabase comes in. “Our collection rates are, quite understandably, incredible. Start placing your overdue customer accounts with DebtorsDatabase and you’ll be amazed by the phenominal upsurge in customer payment,” Collections Manager Dave Williams forecast.

Beverley Ramsay, the CEO of DebtorsDatabase, went on to explain. “We offer creditors incentive based debt collection the like of which has never been seen before. We are so good at what we do and confident that collection by us will be so fast, that we offer all our clients a 7-day payment deal. When a debt is passed to us for recovery the DebtorsDatabase collection service starts and it doesn’t stop until the debt is paid in full. However, we only charge low and very competitive commission on debts paid in 7-days. Every debt we collect after 7-days costs the client (nor the debtor) ABSOLUTELY NOTHING,”

Beverley went on to say, “I’m proud to announce that we’ve opened up the service further and our database of debtors can be searched by our clients at any time for an incredible 99p fee. We don’t ask for or require any upfront payments, subscription or membership fees and there are no contracts to sign. You don’t have to place debts to search the database and the whole business will certainly help put the creditor back in control. Finding out exactly what we can do for your company is as simple as clicking here to visit our website. The rest is easy and the results will be just what credit managers/controllers have been/are looking for.”

“If you are a micro or small company, with less than 100 customers our associate company, Credit Minder is exactly what you need. DebtorsDatabase has teamed up with Credit Minder to give small companies the solution to thier invoicing, credit control and debt collection problems and for a pre-paid fee of less than £1 a day you get everything done from invoicing to putting the cash in your bank super-fast.”

"We've put together a solution for small businesses which will save them valuable time, money and stress and give them the solid cash flow platform to enable them to succeed and grow and all for under £1 a day!" Beverley Ramsay confidently claimed. Find out more

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