Business Debt Recovery
Are you searching for cost-effective business debt recovery solutions in the UK? Our nationwide team of agents can take immediate action and get you your money back quickly.
Any business that fails to manage and recover its business debts quickly and efficiently is at risk of suffering financial difficulties. Whether you’re owed debts by another business or by a customer, you can’t afford to let them go unresolved. Business debt recovery is an essential service for companies of all kinds.
Here at CEA Limited, we’re proud to offer a complete range of B2B debt recovery services for all our clients. If you’re owed any kind of business debt, don’t hesitate to call our experienced team of debt collectors today.
Business Debt Recovery
Thanks to our many years’ experience as a business debt recovery agency, CEA is able to carry out an efficient and effective collection process for your unpaid invoices. We are proud to offer this service to you, the creditor, for a low fee. Our debt collection team will start the process straight away to help you recover the money you’re owed.
In order to begin the business debt collection process, all we require are copies of your unpaid invoices or other evidence of the debts, and we’ll take over from there. Our B2B debt recovery services are extremely cost-effective and you can rest assured that you’ll receive a professional service from start to finish.
CEA Limited is proud of our reputation as one of the UK’s leading business debt recovery agencies. We will begin to collect your debt as quickly as possible and keep you informed as to the progress along the way.
Our B2B Debt Recovery Process
At CEA, we’re proud of our pre-judgment business debt collection service. We make full use of the legislation to collect on business debts, including reasonable recovery costs. That means we’re legally able to reclaim late payment charges from the debtor, enabling us to charge a low commission rate to you, the creditor, for our services. This applies to all debts or invoices sent to limited companies, PLCs and LLPs.
It is incredibly easy to start our debt collection process. Simply send over copies of the invoices or debts you are owed and instruct us to start collection. We will forward you a copy of our terms and conditions and, once these are returned, we’ll get to work! To start our business debt recovery process, use our simple online contact form today!
Initial Business Debt Letter
Our team of debt collectors will conduct a brief investigation to establish the debtor’s business, including trading status and financial position. If they are eligible to be claimed from, we will send out the initial 7-day letter of demand for the debt and the late payment fees.
This is only the first step when it comes to collecting on a business debt. Often a debtor will agree to pay the debt at this point but, if they refuse or do not reply, our professional debt collectors will progress to the next stage of the collection.
No Response to a Business Debt Collection
In most cases, simply the fact that you’ve passed the debt on to a collection agency will be enough to get the debtor to pay their invoice.
If no contact has been made following the letter, we will contact the debtor via phone, email, or in person. This final point of contact is generally enough to convince the debtor to pay. This also gives us the opportunity to directly discuss the debtor’s situation and, if possible, come to an alternative arrangement if they can’t afford payment in full. This can include anything from partial payment to a staggered debt payment.
We’re also able to manage any agreed-upon payment plans, ensuring that you receive the full amount of your debt. As part of this phone call, we’ll also verify whether any further action would be successful.
Fast Acting Business Debt Recovery Agency
Once we’ve exhausted all our initial approaches, we will continue to attempt to collect on your business debt. Our specialist debt collectors discuss the next appropriate course of action. We will give you our honest opinion regarding the outcome of any potential court action and, if we don’t think you’ll be successful we’ll recommend that you don’t pursue the debt further.
If you wish to pursue business debt recovery and collection through the legal system, we will always discuss the costs beforehand. To find out more about business debt recovery through the UK courts, read more about the County Court Judgement and High Court Writ Process here!
Get in Touch
For more information about our services or how we can assist, please contact our team today.
