Debt Recovery
Letting debtors get away without paying you or fobbing you off with excuses can seriously damage your cashflow. Un-chased debts often become bad and is a major cause of insolvency. Instructing debt collection agents helps you keep on top of the slow paying customers and gets the cash in quicker, without resorting to significant legal costs. At Cashflow Restructuring we work with specialist debt collectors who will charge on a no win no fee basis. Whilst we will on occasion recommend solicitors to chase the debt if we feel that is the best, we believe that the much more flexible and cheaper approach of specialist debt recovery firms is often more appropriate. We have trusted and tested debt recovery firms that offer both general commercial debt recovery and specialist contract and construction debt recovery
what does it cost?
Commercial debt recovery typically costs between 10% and 15% of the total monies recovered so on a no win no fee basis.
Construction debt recovery is more complex and bears more risk so the cost tends to be between 15% and 30% of the total monies received, again on a no win no fee basis.
Debt recovery costs don’t normally include legal costs should litigation be necessary.
How do I find the right debt collector?
All debt collection companies are different. Cashflow Restructuring specialises in finding one that best suits your business. Why waste time trawling the internet in the hope of finding the right partner when Cashflow Restructuring, as independent brokers, have access to a whole market of debt recovery specialists which we can compare to ensure that you find the best for you.
What Our Clients Say
Please find below some of our most recent client testimonials...
Emily Revill, Calverton Finance
The team at Cash flow restructuring are trusted advisors, matching the most appropriate funding facility to each client they deal with. They are what I call the three P’s; professional, proactive and performs for their clients.
Annabel Todd, Aldermore
Ashley is a great person to work with, he knows the sector and the products inside out and always thinks ahead in terms of the required information I (as a funder) will require and without a doubt goes the extra mile in terms of ensuring what he does is right for his clients.
Paul Barker, 4Syte Funding Limited
Ashley and the Team offer a full service brokerage at Cashflow Restructuring, ensuring that key information is supplied to the lender from the outset. This not only sets them apart from many of their competitors, but allows for a quicker credit decision which ultimately leads to a more desirable outcome for their Client.
Your Cashflow is our Passion
Join us today for a no cost, no obligation consultation. We are always happy to help.