Why Choose Us for Your Businesses Debt Collection Requirements?
So, just to be transparent and clear things up…
We assist you in reclaiming the funds that are rightfully yours and recouping your cash flow. Thus allowing you to focus on your priorities.
Our service is contingent on successful recovery, meaning we only charge a commission if we collect.
Do you have a Question for Athena?
Commission rates begin at a mere 5%. Zero upfront and signup costs, No agreements or contracts to sign
We operate on a No-Collection, No-Commission model, which is quite different from the commonly used No-Win, No-Fee Model.
Our commission structure is tailored to each case, owing to the fact that several factors can affect the outcome, such as the debt’s age, amount, volume, and nature. 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.
We do not do a “One Size Fits All” approach because we want to provide the most competitive rate possible. Instead, we are always looking to offer our clients competitive rates that deliver exceptional value while ensuring we remain motivated to recover your debt effectively. 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
“No Win, No Fee” means you only pay if the debt is recovered, but this enticing option often comes with a higher commission.
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.
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. No commission, no collection means that commission will be charged solely on the amount of money that is recovered. This enables the provision of a more competitive commission rate. 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 a Small Business Debt Collection Agency in the UK
Small Business Debt Recovery Agency (England/Wales) call Athena Collections on 0203 865 9319 or use our simple online contact form. Our experienced independently 5 star rated Small Business Debt Team can assist you with any Small Business Debt Collection Agency needs, so please do not hesitate to contact our team on 0203 865 9319.
All About Our Small Business Debt Collection Company providing service to B2B UK (England & Wales) Entities
We understand that your busy work schedule does not always allow for debt recovery to take top priority. In fact, a small business may lack the required time and personnel to chase behind their late payers – which can have a devastating effect on the cash flow of the business. 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.
If the accounts remain unpaid, our company can escalate them using the debt recovery services. By incorporating continuity and utilising the benefit of our extensive experience into your debt collection process, your cash flow problems will soon disappear.
Our debt recovery services are customised to each company’s requirements; therefore, we can give you the options and together we develop a plan on how to approach the debtors.
We manage accounts receivable functions partly, fully or via a one-off project basis. 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 the problem is passed on to us, the higher the chance of collection and lower our commission will be. It is as simple as that.
Our pre-legal debt recovery service will guarantee the maximum collections on your behalf. This would be done without the need of taking any legal action against your debtors. In fact, you won’t need the services of solicitors who may charge you 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.
There are numerous options we can offer at this point, all of which are explained including the pros and cons of each option; therefore, you can be clear of the procedure to follow.
On the other hand, you could offer us parameters and we will operate within these guidelines to collect the debt for your business.
