There are many reasons that businesses decide to sell on their debt to companies like ours. Some benefits include:
Allows businesses to focus on their day-to-day activities, rather than trying to recover debts
The cost of trying to recover debts often exceeds the debt amount
Quick boost to cash flow once sold
Avoid negative PR from unhappy customers
Reduce legal / compliance risks from your collection activities
Better financial option than commercial write off
If you would like to learn more, or to discuss your portfolio with us, please call us on 01925 358 123 or fill in the form below and we will be in touch.