B2B DEBT COLLECTION IN UK

Debt collection management is one of the most crucial activities for B2B (business-to-business) in the UK. Commercial companies provide all different kinds of services. They always struggle with debt collection for various reasons. In general counterparties are late with their payments for services provided or just ignore their obligations to pay outstanding invoices.

That is why debt portfolio recovery is an essential tool to a sustainable cash flow. This is important especially in the UK since a vast majority of international companies have business relationships within partners in different parts of England, Scotland, Wales, and Northern Ireland.

Debt recovery and debt collection in the UK and all its parts have peculiarities. Our international teams make sure to comply with all legal requirements before representing clients interests. In the UK in particular, the debt recovery is carried out by the registered and specialized debt collection agencies (DCA). Each DCA has to comply with all the requirements. CIS DRS makes sure that all the actions and techniques used to recover your payments are in compliance with national and international regulations.

In addition, negotiations are one of the most essential parts in debt management. Our agency investigates current business negotiation practices for each country. The UK is not an exception. It is important to know all the economic and cultural specifics before negotiations to achieve the goal of successful recovery. We investigate and monitor the information concerning British companies before conducting negotiations. Each project is taken care of by several departments and teams to ensure that your funds are recovered safely.

Our collection teams understand the level of responsibility and importance when it comes to debt recovery. That is why it is our absolute priority to ensure that your business recovers all the funds. CIS DRS has years of experience in debt recovery in the UK. By strategic planning, monitoring new business practices, investigating the debtors` companies, and enhancing new ideas we managed to gain recoveries for each client. Our teams of lawyers are trained well to perform international debt management and collect commercial debts in many countries as well as in the UK.