Debt Collection Bath

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Debt Collection Bath

At Debt Collection Bristol, we work with a large number of clients who are based in or around Bath. This is due to the short journey down the A4 from our offices, allowing us to provide a dedicated local referral solution to recover their debts.

Bath is the largest city in the county of Somerset and has around 85,000 businesses in the area. This large number of businesses allows the potential for debts of all kinds to arise.

The purpose of our service is to help serve the Bath area by finding the right agency for all Debt Collection Requirements.

Over the last few years, the need for a Debt Collection Agency referral service in Bath has risen, following a large increase in businesses and private individuals having money that is owed to them.

It goes without saying that cash-flow is extremely important to the sustainability of one’s business or finances. If you have given money to someone, or provide goods or services, and haven’t been paid, it is your RIGHT to have this returned to you.

Are you based in Bath or Somerset and are looking to instruct a Debt Collection Agency to collect a debt from someone? Look no further than Debt Collection Bristol to provide you with a referral to a professional debt recovery agency.

There are several different types of people that could owe you money, including the likes of:

There are various factors that may define why someone hasn’t paid, however, at the end of the day the most important thing is that the money is returned to you.

Outdated methods of collecting debts, such as Solicitors, have become less utilised over recent years due to the increased popularity of Debt Collection Agencies.

The reasoning for this being that Solicitors are notoriously expensive and usually take a long time to provide any form of outcome.

At Debt Collection Bristol, we guarantee to source the right debt collection agency to help you get your money back as quickly and efficiently as possible!

If you are unfamiliar with how to instruct the recovery of a debt, it can prove extremely costly to make the wrong decision. Choosing the wrong method of collection can be worse than choosing none at all, which is why it is always recommended to go to the experts.

Whether you are owed money by a business, friend, family member or a customer, our award-winning partners have all the information needed to ensure a fast, efficient and cost-effective recovery of your money.

Debt Collector Bath – Who To Choose?

There are usually three types of scenarios for the collection of money, comprising of Commercial, Private and International Debt Collection. The requirement you will need is based on the type of debtor.

We will only recommend Debt Collection Agencies in Bath who are industry-leading, provide a highly efficient and effective service, and share the same views and ethics as ourselves.

Commercial Debt Collection

If you are a B2B organisation based in Bath and are having issues with problem clients who are not paying, it will pay to act fast. It is imperative that you take measures to recover debt quickly as to not prolong the financial impacts on your business.

Our recommended partner for Commercial Debt Collection requirements is Federal Management. Their award-winning team of Debt Collection experts have over 100+ years’ combined experience in the industry.

Federal Management have over 15+ years demonstrated experience working across a wide range of sectors including, but not limited to, Manufacturing, Wholesalers, Law Firms and Sports Based Organisations.

Some Of The Key Benefits To Using Them For Commercial Debt Collection Are:

• UK’s Lowest Commission Rates From 6%
• Up to 90% Recovery Rate on Undisputed Debts
• No Collection = No Collection Costs to Pay
• Over 15 years industry expertise in most business sectors
• Authorised by the Financial Conduct Authority (FCA)

Since 2004, Federal Management have recovered millions of pounds consistently for businesses in Bath.

Instructing a professional, pragmatic and pro-active Commercial Debt Collection Agency in Bath to recover your money is the single best and most practical option. The service that is provided by such agencies is designed to maximise recovery whilst minimising the amount you spend.

Private Debt Collection

Whether you are a small business owed by a customer for goods or services, or someone that is owed money by a friend, it is extremely important to recover the money as quickly as possible.

Based on research provided by the Federation of Small Businesses, around 50,000 small businesses in the UK have to close has a result of non-payment each year.

This should show how crucial it is that you are paid the money which you are owed, as just one debt could impact you financially.

At Debt Collection Bristol, our private debt collection partners offer a fast, effective, and reliable service to get back the monies that you are owed.

The partner we recommend for Private Debt Collections in Bath is Frontline Collections.

Some Of The Key Benefits Of Using Frontline Collections’ Services:

• High Collection Rates and Low Commission Rates
• On Avg. 90% Recovery Rate on Undisputed Debts
• Members of the Credit Services Association
• Over 15 years industry expertise in most private sectors
• Gold Preferred Suppliers with the Independent Schools Association

Since 2005, Frontline Collections have worked across a wide range of sectors and with various debt types.

More specifically, they have provided their award-winning services to Dental Practices, Veterinary Practices, Independent Schools and Nurseries. This should demonstrate the calibre of the service that is provided at Frontline Collections.

International Debt Collection

If you have a debt that is on a global scale i.e., that your debtor is based overseas, this can sometimes feel like “mission impossible”. It is important to remember that this is not the case and that your debt is still very much recoverable.

International Debt Collection is often mistakenly viewed to be the most difficult way of collecting debt due to the many things that may hinder the recovery process along the way.

These hindrances include:

At Debt Collection Bristol, our trusted list of partners has the UK’s leading expertise collecting debts across the globe and have a specialist network of overseas collection agents to ensure there are no hindrances.

As mentioned above, our recommended partner for International Debt Collection requirements is Frontline Collections.

As part of the highly efficient and effective International Debt Collection service they provide, they offer:

• Fully inclusive low-cost service
• FREE initial assessment & investigation
• Proactive and Professional approach
• High Overseas Debt Collection Success Rates
• International Network of Trusted Agents

Debt Collection Bath – Where To Go From Here

We hope this article has helped to ease any worries you may have had regarding your unpaid invoices, as there is a very good chance that they are recoverable.

We are part of the UK Debt Collection Bureau and will always provide referral services that are done so in a low fixed fee and professional manner.

At Debt Collection Bristol, we provide a free initial analysis of your case and advise whether or not there is a valid debt to chase.

We will then provide you with options on the most appropriate agency to deal with your situation.

If you have money that’s owed to you and your clients are leaving your invoices unpaid, don’t hesitate to get in contact today – the quicker you have your debts recovered, the better.

Contact us on: enquiries@debt-collection-bristol.co.uk or 0333 043 4417