According to the Office of National Statistics, cash flow is responsible for up to 90% of business failures. This is why it is so important to ensure you have a stringent credit control process. Sending invoices as soon as you have delivered a product or service and regularly following up those invoices, can ensure faster payment.
That’s all well and good but what if you have these processes in place and your customer(s) still won’t pay? This is where My Debt Recovery comes in.
Chasing late paying customers takes a huge amount of time and resource away from businesses. By engaging with My Debt Recovery, we can take the stress away and allow you to refocus your attention back on what you do best, growing your business.
Using a professional debt collection specialist, like My Debt Recovery, is a proven way of collecting outstanding debts. We have a proven track record of recovering debts quickly and efficiently on behalf of our clients. As we operate on a no collection, no fee basis, you can rest assured that we will make every effort to recover your debt.
Our specialist team will begin by reviewing your debt(s) to assess the likelihood of successful recovery. We always give honest advice so if we don’t think there is a possibility of successful recovery, we will tell you. If we think we can help, we will then move to engage with your debtor.
We have built a strong reputation for being professional, achieving results and approaching debtors with an attitude of understanding. Each of our clients receive a bespoke approach to their case based on the type of debt and their relationship with the debtor.
Visit our client testimonials to find out what they think about us.
Should our negotiation attempts fail to result in payment of the debt(s), we will then look to take legal action against your debtor. Don’t worry, we are experienced in this and can guide you through. We will always keep you updated on what is happening and will never proceed with any next steps e.g. legal action, without your permission.
To find out more about the stages we go through when attempting to recover your monies, visit Our Debt Recovery Process.
So, whether you are looking to recover a single debt or multiple debts, My Debt Recovery can help. Contact our team today to get the ball rolling.
Southampton Office
Suite 4
Chatmohr Business Park
Crawley Hill
Romsey
Hampshire
SO51 6AP
Authorised by the Prudential Regulation Authority.
Regulated by the Financial Conduct Authority and Prudential Regulation Authority
VAT No. 201 8843 27
Copyright 2023 My Invoice Ltd. – All Rights Reserved
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