Debt management and recovery is a pertinent challenge facing modern businesses. By its own admission, the government of the UK notes that legislation concerning late payments has sometimes proven inconsequential and has therefore failed the business community.
The problem has affected businesses of all types, whether large or small.
On one hand, large businesses have had their operations disrupted due to late invoices. On the other hand, the Federation of Small Businesses notes that the average wait of delays in payments can be up to twenty days from the agreed day of payment. These delays can close businesses and cause so many problems.
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"We have used Robert and his team on several occasions and they never fail to deliver results. They have a fantastic attitude with your clients, ensuring the future supplier-client relationship never becomes strained but use an approach that is certainly effective. We have had debts that have been outstanding almost 12-months and Premium Collections have recovered them within a couple of days of being instructed. We can’t recommend them enough."
John Allan – Altius Online Marketing
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