Should I use you for my Businesses Debt Collection Requirements?
Let’s be clear and upfront with you…
We assist you in reclaiming the funds that are rightfully yours and recouping your cash flow. We relieve the stress and help you take back your valuable time to focus on more essential matters.
Here’s What You’ll Get From Our Service:
Do you have a Question for Athena?
Commission rates starting from just 5% No contracts to execute, No sign-up fees
We operate on a No-Collection, No-Commission model, which is quite different from the commonly used No-Win, No-Fee Model.
The commission rate we will provide you with will be contingent on various factors, and it will differ from case to case… such as the debt size, the debt’s age, the debt’s form, and the debt’s volume. For example; Older debts typically have higher commission rates, larger debts may have lower commission rates and certain types of debts are more challenging to collect.
We don’t believe in doing a “one-size-fits-all” approach. We are committed to providing exceptional value in exchange for equitable compensation. Of course, you want us to recover your debt as effectively as possible, and we need to be incentivized to do this.
To make things even clearer…
Understanding No Collection, No Commission vs. No Win, No Fee
No Win, No Fee is largely self-explanatory; it simply means there are no costs to you unless the debt is recovered.
A premium commission rate is usually the trade-off, justified by the agency theoretically handling all aspects of debt collection, from tracing the debtor, enforcing the rule of law, litigating the parties involved, and potentially initiating insolvency proceedings, without adding further costs beyond the agreed commission.
But ask yourself this: would a debt collection agency willingly invest its own resources into legal or enforcement actions for a debt that isn’t theirs, especially when they are uncertain about the due diligence you’ve conducted on your debtor?
No Collection, No Commission, on the other hand, means you only pay commission on successfully recovered funds. If additional action is needed, we will provide a separate quote for those services, allowing you to make an informed decision once all your options are clearly outlined. This ensures we can offer a more competitive commission rate to our customers. At the end of the day, you are essentially paying for the same service at a reduced cost. Keep in mind that we do not charge a collection fee or commission.
Contact Athena Collections for Debt Collection Services in the UK
Commercial Debt Collection Service (Wales/England) call Athena Collections on 0203 865 9319 or use our simple online contact form. Our experienced independently 5 star rated Collection Services Team can assist you with any UK Debt Collection Services issues, so please do not hesitate to contact our team on 0203 865 9319.
All About Our Collection Services providing to B2B UK (England & Wales) Companies
We understand that with a busy work schedule debt recovery may not be at the top of your list of important things to do. Sometimes your business may lack the time or the staff to proactively follow-up late payers, and this can have a knock-on effect to your overall cash flow. Our company was established for this exact reason – to be an extension of your company, helping you save valuable money and time by using our debt recovery services.
We also appreciate that it is of paramount importance for every business to maintain favourable client relations and therefore we utilise professional debt recovery methods that are aimed at resolving matters swiftly and amicably in order to maintain your good standing with your clients.
We can seamlessly escalate your unpaid accounts with the assistance of our highly professional debt recovery service. By implementing effective experience and continuity into the debt recovery process, cash flow problems will be a thing of the past for your company.
We can tailor our debt recovery services to your specifications. Together we will discuss the options and come to an agreement on how to pursue your outstanding debts.
We are able to manage your accounts receivable functions as a one-off project, partially or fully. Together will find the right solution for your particular requirements, including what part of the accounts receivable process you would like to outsource and at what stage you would like to commence. Our company’s commission rates are low based on monies recovered, as well as the stage at which the account is given to us. The sooner an unpaid account is pursued by us the higher the success rate of recovery which means our collection rate will be lower. It is as simple as that.
Our pre-legal collection system is set up to maximise debt collection without having to resort to legal action with solicitors that charge hefty fees by the hour.
Although our proactive approach to debt recovery usually achieves the desired results, we always aim to be open and transparent about our intentions but unfortunately, no matter what they say, this does not always happen. In some cases, debtors will refuse to pay for a number of different reasons, the most common ones being: cash flow is tight; the debt is disputed; the invoice was not received; their circumstances have changed, or they are insolvent.
Our company will establish at the earliest point whether or not the debtor is willing to pay, and will inform you of this fact allowing you to make a sensible decision.
There are various options available to you at this point. We will explain the advantages and disadvantages of each one so that you will have absolute clarity regarding the process that lies ahead.
If you can give us parameters, we are prepared to work within those to collect the outstanding amounts on your behalf.
