Chasing outstanding invoices and debt costs companies valuable time and resources. Debt recovery is fundamental to the health of any business and there can be a whole range of complicating factors involved in the process.
CoCredo work with a number of leading debt recovery firms and our service will alleviate the burden of bad debt on your organisation by attempting to recover the funds that you are entitled to on your behalf.
Companies that do not pay invoices are often likely to ignore reminders, and not realise the urgency or implications. A Letter Before Action (LBA) is a formal and legal document and this can be sent to the debtor detailing the repercussions of non-payment. This can be provided at a competitive fixed rate and we have the ability to issue the LBA on the same day if we receive your request before 3pm!
We offer a wealth of debt recover services including:
Our debt recovery service could save you time and stress whilst creating a healthier cash flow for your business. It couldn’t be easier to solve one of the most frustrating issues for any finance department.