How can a financial collection agency help your business?

As the weather improves and we settle into the summer of 2013, now is a good time to review your credit control procedures as an integral part of your business practices. A financial collection agency might not be the first solution that you think of when improving your business functionality but, with 3rd party help, time-consuming and cash-impacting aged debts could be a thing of the past.

Working in tandem with your finance team, or on a purely outsourced basis, a financial collection agency can provide peace of mind and reduce the risk of debts going bad. Speed is everything when dealing with late-payers and our clients find that as a financial collection agency we can provide a cost-effective solution for their business.

Here are 3 ways a financial collection agency can help your business:

Reduce credit risk – we can provide credit reports that help you make a decision on whether to extend credit to any particular customer. With our help you will have all the facts to make the best decisions.
Credit control support – we can offer a No Win No Fee or Fixed Fee collection service when your credit control department are struggling to gain positive collection results. As a financial collection agency, we have a proven track record.
Court action – should the debt require court action, we can facilitate the process of legal proceedings and provide the best service through our own specialised Solicitors
Many of our clients are benefiting from working with us as their financial collection agency in these tough economic times, more than ever we are finding our one-stop approach to helping businesses get paid on-time, improving business cash-flow and reducing bad debt.

As one of the UKs fastest growing financial collection agency, we are passionate about helping our clients do business better.

If you would like a no-obligation assessment of your aged debt position or have any problems with late-payers, please don’t hesitate to contact us on 01332 565350 or email enquiries@tauruscollections.com