Why Choose Us for Your Businesses Debt Collection Requirements?
To guarantee that we’re absolutely on the same page, allow us to clarify…
Our aim is to help you recover the funds you’re entitled to, improve your cash flow, reduce your stress. We relieve the stress and help you take back your valuable time to focus on more essential matters.
No commission, No collection
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Commissions start at a low 5% No contracts required plus 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 provide will be tailored to your specific situation and depends on several factors, such as; The age of the debt, the value of the debt, the number of debts plus the nature of the debt For instance, the commission rate is higher for older debts, and it is lower for debts that are larger in value. Also, certain categories of debt are more difficult to collect than others.
Instead of a standardised approach, we personalise our commission rates to ensure they are the most competitive. We are committed to providing exceptional value in exchange for equitable compensation. In the end, you will collect your debt, and as a result, we must be financially motivated to do so.
To clarify…
Understanding No Collection, No Commission vs. No Win, No Fee
The phrase “No Win, No Fee” is exactly what it implies: you will not be responsible for any expenses unless a recovery is achieved.
This typically entails paying a premium commission rate on the assumption that the agency will, in theory, do whatever is necessary to collect the debt, including tracing, litigation, enforcement, insolvency proceedings, and so forth, at no additional cost to you beyond the agreed-upon commission.
Take this into account: Do you truly believe that a debt collection agency will allocate its funds to implement one of the aforementioned measures when they are unaware of the due diligence you have conducted on your debtor and the debt is not theirs?
No commission, no collection means that commission will be charged solely on the amount of money that is recovered. If additional action is necessary, it will be quoted separately. You will be responsible for making an informed decision after all available options have been explained. This model enables us to offer a lower commission rate, so you essentially receive the same quality service at a much lower cost. You will ideally receive the same level of service but at a reduced cost. And perhaps more importantly, our team operates on a No Collection, No Commission basis.
Contact Athena Collections a Debt Recovery Company in the UK
Debt Recovery Companies (England/Wales) call Athena Collections on 0203 865 9319 or use our simple online contact form. Our experienced independently 5 star rated Business Debt Recovery Team can assist you with any Debt Recovery Companies needs, so please do not hesitate to contact our team on 0203 865 9319.
All About Our Debt Recovery Company providing service 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. This is exactly why our company was established; by providing you with our debt recovery services we essentially become an extension of your business, saving you valuable personnel time and money.
We also understand that maintenance of client relations is essential for companies; therefore, with out debt recovery services, we work to resolve all matters speedily and professionally without causing damage to your brand’s reputation.
We can seamlessly escalate your unpaid accounts with the assistance of our highly professional debt recovery service. By incorporating continuity and utilising the benefit of our extensive experience into your debt collection process, your cash flow problems will soon disappear.
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, we can identify which part and at what stage you would like us to outsource the accounts receivable procedure. Our low commission rates are only charged on monies recovered and the success rate will depend on what stage each individual account is handed over 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.
The pre-legal debt recovery services are developed to increase debt collections without the need to take legal action in any form; therefore, not having to instruct lawyers who will charge a fee 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.
We will let you know of the actual reason as soon as possible so that you can make an informed decision.
We have a number of options for you to choose from – all will be fully explained with their pros and cons. That way you will be 100% clear of the process ahead.
Alternatively, you can provide us with parameters within which to work and we will endeavour to recover the outstanding debt for you.
