Debt recovery/ Debt collection services
Mention the words debt collection or debt recovery to most people in the UK and around the world and they’ll have a vision in their mind! More often than not they’ll have a vision of a burly tattooed bloke with a crew cut, limited vocabulary and baseball bat. But the stark reality is far removed from this.
While there may be unfortunate times when your business needs to employee the services of a debt collection agency but panic not. When you engage the services of a professional debt recovery business like Cobra Financial Solutions, there is a process to follow. This process gives your debtor many opportunities to settle your unpaid invoice/s without the hassle. But if things don’t go to plan, each and every one of our knowledgeable debt collection agents are persuasive, persistent and professional.
Attempts to contact
The first thing to do with a debt is to contact the company that owes you money and find out if there’s a reason why they have not paid. Perhaps they claim that they didn’t receive your invoice, or perhaps your invoice was incorrect and is now sitting in the ‘disputed’ pile. While sometimes these reasons are just excuses to avoid paying, sometimes they are genuine. Getting them to pay sounds simple but sometimes it’s harder to get the response you are after. That is where Cobra Financial Solutions can help. With nine years’ experience in the debt collection and debt recovery industry, we are fully equipped to get back what is rightfully yours.
Why use a debt collector?
Of course it’s possible to do all of this yourself, but you’ve probably got more constructive things to do with your time like organise the day to day running of your business. The big advantage of involving a professional debt collection service such as Cobra Financial Solutions is that it sends a clear message to the debtor that things have got serious and it’s time to pay up. It’s very likely that if the debtor is financially stressed, then they’re probably juggling who gets paid at the end of each month.
By elevating your late invoice and involving a specialist in business debt (B2B) recovery that has the know-how to see the process right through to the result you are looking for, often gets your invoice right up to the top of the list.
Most companies pay up very quickly once our debt collection agents get in contact with them. Struggling to get back what is rightfully yours? Contact Cobra Financial Solutions and find out how we can help you recover your B2B (business to business) debts.