Debt Recovery – Business to Business
We are able to collect Business to Business debts that fall outside of pure commercial rent, service charge and insurance arrears. Once the instruction is received, a debt recovery agent will be assigned to your case. Our agent will chase the debt for one month by post, email and telephone. If required a visit may be necessary.
Sometimes it’s necessary to seek help from debt collection professionals when in need of business-to-business debt recovery services. Whilst you may be successful in stepping up your efforts to encourage another business to settle their debt to you, from time-to-time you may feel you have exhausted all options other than to seek help from elsewhere. At Collect My Debt, we have decades of experience when it comes to B2B debt recovery and are able to collect many kinds of B2B debts that fall outside of the pure commercial rent, insurance and service categories. When we receive instruction from you, we will assign a highly experienced debt recovery agent to you, who will chase your debt through a range of mediums including post, e-mail and telephone. If we do obtain authorisation, we can carry out a visit.
Set the process in motion
All you need to do to instruct us to act on your behalf is use the ‘instruct’ facility on our website and complete the short form. You will receive confirmation that the debt recovery notice has been sent out to your debtor through the post and via e-mail if we have an address. If we are unable to achieve the desired result, we can talk to the debtor on a face-to-face basis.
Specialist advice available
We are here to help if you have attempted to get your invoices settled to no avail. We have been collecting debts for businesses for several years and are always on hand to provide you with accurate, in-depth advice on selecting the right course of action. We do everything in our power to ensure the B2B relationship can continue after the matter is settled thanks to our professional and discreet approach.
We can either aim to collect the debt in full or make a sensible payment arrangement if this is not possible. You don’t have to worry about paying any upfront or administrative costs for this, as we will instead take a competitive percentage of any commission that we receive. We charge 15%+ VAT on debts recovered up to £5,000, 8%+ VAT on debts between £5,000.01 and £10,000 and 5%+ VAT on debts of £10,000 and above. If the matter has been to court, we may be able to pass extra costs to debtors.
Why Choose Collect My Debt?
At Collect My Debt, we can come to your assistance if you need any help with commercial debt recovery. We have several decades of experience to draw upon and have held a Bailiff Certificate/ Enforcement Agent Certificate since our inception. We have an excellent track record in recovering monies for individuals and businesses of all sizes. To find out more, call 0800 612 5161 or send an e-mail to email@example.com. Alternatively, contact us through our website.
Where CMD report no positive result after completing our letter, email and telephone stage, a doorstep recovery agent can be instructed to attend the premises and meet the debtor in person to discuss the debt face to face. The doorstep recovery agent attendance service is not free of charge or included in the recoverable commission percentage amounts detailed above. Costs for this type of attendance are dealt with on a case by case basis.
Our main focus is to collect the debt in full or put a sensible payment arrangement in place.
CMD do not charge any administration or up-front costs for implementing this type of service.
There are commissions deducted from any monies successfully collected:
• Debt value £0.01-£5,000.00 = 15% + VAT deduction on all monies successfully recovered
• Debt value £5,000.01-£10,000.00 = 8% + VAT deduction on all monies successfully recovered
• Debt value £10,000.01 and above = 5% + VAT deduction on all monies successfully recovered
To instruct CMD to act on your behalf, please click instruct us, and complete the simple form and submit.
CMD will acknowledge receipt of your instruction and send you an email to confirm our debt recovery notice has been sent to your debtor by writing to them via Royal Mail, also electronically where a valid email address is supplied.
What Our Customers Are Saying
Don’t just take it from us, let our customers do the talking!
Thank you for efficiently and successfully carrying out my CRAR instruction. I had little knowledge of the new legislation that is in place so was unsure how the CRAR process worked. Collect My Debt explained step by step the process and how much involvement and information they needed from myself. Luckily once I gave the instruction Collect My Debt took care of the rest, which greatly put my mind at ease. Collect My Debt collected over 75% of my outstanding rent on the same day of attendance, the rest was collected on an arrangement over the next 2 weeks or so. I had been chasing this debt for over 6 months and neither I or another enforcement company was able to do anything about it, I was told the debt was ‘un-collectable’ and to ‘forfeit the lease’ that’s when I decided to try someone else. If you have old or new debts owed to you and you feel or are told that they are un-collectable give Collect My Debt a try, I couldn’t recommend them enough. C M Johnson
The service you provide is nothing short of fantastic! The success you have had for me over the last 6 months has been unbelievable, collecting some rent debt I thought was lost. I thought collecting under the new legislation (CRAR) was going to be a waste of time. How wrong was I! Give Collect My Debt a go, I wouldn’t look anywhere else any more for any of my enforcement issues, they don’t just do the job, they excel. Frank Samuels
It is a pleasure for me to be able to recommend your services.
The enforcements under CRAR you have carried out for us have been extremely effective, your high success rates have amazed me and my fellow directors along with your solutions to any further issues we have along the way, your advice and knowledge is second to none. James Bailey-Matthews