Debt Collection : Don’t Be Spooked By Debt This Halloween

It’s a scary time of year, but for business owners, there are some horrors worse than vampires and werewolves. When you’re managing a business in difficult economic conditions, late payments and unpaid debt can keep you awake at night.

Scary Stats

When it comes to late payment, the figures are frightening. Unpaid invoices in the UK add up to well over £20 billion and that figure is set to continue to rise as there appears to be no end to the economic turbulence. And the consequences of late payment to the individual business can be a horror story. If you don’t get paid on time, your cash flow is hit and that leads to knock-on effects potentially putting your own business at risk.

Who’s Afraid of the Debt Collector?

Unfortunately, for some business owners, the prospect of calling in a debt collector can be just as scary. The debt recovery industry has suffered from bad publicity and misconception, and given the stereotypes that have surrounded debt recovery, it is understandable if businesspeople are wary. Fortunately, the modern debt collection agency is nothing like the cliché.

Debt Collector 2: The Less Scary Reboot

The debt collection industry is a modern, forward-thinking sector of the economy, and has a vital role to play in the world of business, at a time when late payments are on the rise. Whether you have a UK or international debt collection problem, a modern debt recovery company employs professional methods, securing your debt through using their experience and expertise. This involves a flexible and progressive approach to your customers, aiming to find solutions that leave your business relationships intact.

No Hair-Raising Surprises

Our approach to debt collection is informed by transparency and professionalism. We don’t surprise you with hidden fees or last-minute conditions, and we don’t secure your debt by frightening your customers either! We understand that business reputation is vital and our UK and international debt collection experts conduct the process of debt recovery in a professional, effective manner that maintains your business reputation while ensuring rapid and efficient recovery of your debt.

So, don’t let late payments spook you this Halloween. Get in touch with us and find out how we can exorcise your debt problems and leave you to get on with growing your business.

CLI is a leading Debt Collection Agency specialising in UK Debt Collection and International Debt Collection, member of the TCM Group