Aged Debt Recovery Service for Businesses
We provide a cost-effective aged debt recovery service for companies who have multiple debts outstanding to them. Whether you have several debts in need of recovery or whether you’re looking for ongoing monthly support to recover payment for invoices which reach a certain age, our specialist team can help.
We understand that protecting your brand is key to the success of your business and key to our relationship with you. Brand reputation is everything to us also, which is the reason we take care to build rapport with your customers, communicating effectively and professionally always. We prefer to have positive communications with people and have found by doing so has always brought us excellent results in recovering debts, whilst keeping your customers happy.
For companies with credit controllers in place, our team can work alongside them to recover aged debts and support as required. It’s a cost-effective service that saves you time, money and stress.
How does it work?
1. Contact us to discuss your requirements
2. We agree a strategy and discuss your aged debtors
3. Provide us with the details of the debtors
4. Successful recovery of your monies
Cash flow is essential to business success and recovering aged debts is one way to improve your cash flow. Get peace of mind knowing payments are being made instead of writing them off. This service is fast and effective.
Our customers say that we make their lives much easier because we take the stress away from chasing aged debts. Working with existing members of your team, we follow our formal process to recover your money in the most ethical and timely way possible.
Included in our Aged Debt Recovery Service:
- Letters Before Action
- Statutory Demands
- Formal payment plan negotiation, letters & monitoring
- Support through the legal system
- Bailiff instruction from our affiliate if necessary
- Debtor Negotiation & Mediation
- Solicitors advice via our affiliates
- Credit reporting and company monitoring
- Real time reporting & updates on progress
- Advice and support from the FJCM team.
This service is offered as either white label, (acting as part of your company) or as ourselves.
Who is this service most suited to?
- Businesses with multiple aged debts outstanding who need assistance recovering.
- Companies who have their own credit control department but require extra support with aged debt.
A few of the clients who currently use our multiple aged debt management service
