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Debt Collection Services
Northern Office
t: 0151 526 4222
Southern Office
t: 0203 011 5210

News

Get paid without the hassle

Late payments are a common bugbear for businesses across the whole of the United Kingdom, regardless of the size. Many businesses are now trying different tactics to improve their credit control and get paid faster and more effectively. But when all of your hard efforts are failing, do you need to get aggressive to get paid? In a nutshell, the

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Lawyers vs Debt Collection Agency: Collecting Bad Business Debt

If all the usual methods used to collect an outstanding business debt have been exhausted then it’s time to call in the big guns! Typically, businesses looking to recover their outstanding monies will either enlist the professional services of a debt collection agency or hire a lawyer who specialises in debt collection. But which way is the best way to

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6 mistakes SMEs should avoid when going on holiday this summer

The summer holidays are finally here. The temptation to get away for warmer climates is evident every day with many entrepreneurs jetting off for a well-deserved break but there are some things you should consider before setting off for the sunshine in order to prevent business headaches on your return. Forgetting to schedule payments The last thing you want on

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6 Myths about Debt Collection

When you mention the words debt collection agents, many people automatically think of the Kray twins. But thankfully, the pre-conception of what a modern day debt collector does has moved on very far from the type of scene people may have associated with the old style collectors. As professional debt collection agents, Cobra Financial Solutions put some of the most

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The true scale of how much late payment is affecting businesses

A new survey from insurer, Zurich has revealed the extent of how late payments are affecting British businesses the length and breadth of the country. Researching more than 1,000 business owners in the UK it has been discovered that a whopping 52% of businesses are owed money which is rightfully theirs. Alarmingly, a massive 21% of businesses are owed more

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Over 26k collected for national builders merchant

Over £26k collected for National Builders Merchant. We today are pleased to announce recovery for our client,  As a well known Builders merchant our clients do not wish to bring attention to their debt recovery procedures and therefore we respect they wish to remain anonymous from our news, however although the case took over 3 x months to recover, we are therefore pleased to announce full

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The impact of late payment in the UK

In 2017, late payments continue to cause problems for many businesses across the United Kingdom and new research has suggested that 6 in 10 invoices are unpaid at due date. It’s a major concern that 70% of businesses rely heavily on being paid within terms to avoid a working capital downfall. Research carried out by Amicus Commercial Finance has shown

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How to avoid late or non-payments

Late payment or non-payment is adversely effecting commercial businesses up and down the country but one particularly alarming trends lies in the number of businesses having to write off turnover as ‘uncollectable’. Most coverage within the media makes the assumption that businesses receive their outstanding monies in the end but unfortunately that just isn’t the case. Many businesses receive absolutely

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It isn’t just large Debts Cobra recover we also recover small ones

We was employed by Tracy Vernall from Hands On Cleaning, Gloucestershire to recover an amount of £589.00 not the largest amount but having listened to the story of our client who had not been paid her wages by one of her clients and had nothing but a rough time with the Debtor we took the case on visited the Debtor

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Preserve customer relationships with professional B2B debt collection

If you tell a successful salesperson that a long term customer’s account is being sent to a debt collection agency, just wait and watch for their reaction. While the salesperson will have visions of rogue debt collectors pestering their customer with threats of bad credit references, judgements and legal suits and the end to their ongoing working relationship, they’ll have

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Northern Office
Bleasdale Business Centre
1 Molyneux Way
Aintree, Merseyside
L10 2JA
Tel: 0151 526 4222
Official Partner
Southern Office
22 Wenlock Road
London
N1 7GU

Tel: 0203 011 5210