Time is money
It is true- when it comes to debts, time really is money. Here at Cobra Financial Solutions Ltd we see it time and time again- the longer a business takes to engage a professional debt collection agency, the more challenging it becomes to manage your over-spilling debts in-house.
While positive thinking is a great outlook on life, getting your debts settled ‘any day now’ really won’t happen magically if you’ve left your outstanding debts to chance. Of course, with our many years of experience in the debt collection industry we’ve achieved fantastic results for oodles of commercial clients.
The issue is the quicker you engage with a professional, persuasive and persistent debt collection agency like Cobra Financial Solutions the sooner your debt problems can be resolved. With this in mind, the phrase ‘sooner rather than later’ is also very pertinent here as the decision can save the stress, frustration and distraction that commercial debts so often cause within a workplace.
And so, if a slow payer has turned into a 90, 120, 150 or even 180 days debtor, now is the time to act. What we need to show your clients is that their broken promises of payment will not be taken softly. If you do not stick to your guns and engage the help of a professional debt collection agency, you may run the risk of losing all credibility in your own client’s mind especially if you aren’t persistent in chasing down the outstanding monies, and meaning business.
Plus, when you take the time to reflect and evaluate your current situation, the truth of the matter is that your own accounts/ credit control team do not have the time, energy or resources to constantly chase non payers- instead they should be focused on doing their day to day jobs and contributing in the best way possible to the successful running of the company.
Another important note is to say that you really don’t want to let commercial debt bring the whole workforce down. It will quickly have a detrimental effect on staff morale and could potentially get people seeing red flags as they start to believe their own business is in financial jeopardy. By engaging the professional help of a well known, well respected and successful debt collection agency, you’ll get your bad debts sorted swiftly and normal business functions back up and running in no time.
Over the years, all of our commercial clients have come to realize that in terms of successful debt collection, time really is a crucial factor in the equation. It’s never been truer. Not only can professional debt collection save you time by letting you focus on your core responsibilities and competencies, but it also helps to refocus your staff as they know that experts in the field of debt collection are working tirelessly to resolve the matter in a professional, swift and efficient manner. What’s more, if you act promptly, engaging a debt collection agency can also save you money in the long run.
At Cobra Financial Solutions our agents offer national coverage across the whole of the United Kingdom and pride themselves on the courteous but firm approach they adopt. But we know it works- take 2015 for example. In one year alone, we achieved a whopping 87% success rate for our B2B clients!
Cobra Financial Solution’s team of persuasive and professional collectors are confident in their abilities to collect your debts on your behalf and ensure you get what is rightfully yours as soon as possible.
For more information on the range of services Cobra Financial Solutions offer, get in today by calling: 0151 526 4222 (Northern Office) or 0203 011 5210 (Southern Office)