Premium Collections specialises in tracing. Chasing monies owed is hard enough for any business but if your customer disappears, it can seem impossible.
Don’t settle for writing off money you are owed simply because debtors have disconnected their phones, moved offices, homes or even countries. Many debtors seem to think that, by not informing people of their new address, the debt is forgotten about and will go away.
At Premium Collections we use the latest tactics and specialist search methods to locate your debtors quickly. Once found, we can then pursue the debt using our debt collection services. Our charges are on a “no trace/no fee” basis.
Get in touch with the Premium Collections team today for advice on the best course of action to locate your debtor and mitigate the risk of having to write the debt off.
Expert negotation and repayment schedules
Regular progress updates and reporting
Letters, e-mails, SMS and Telehpone calls
Specialist legal mediation and investigation
“Wow, Premium Collections work quick!”
Lookers Leasing Ltd
Expert Help From Expert Debt Collectors
Premium Collections are industry experts in the field of Commercial Debt Collection, recovering millions of pounds every year. We deliver a unprecedented low cost debt collection service that maximises results.
Our expert and specialist staff have experienced every possible scenario and have the resources to deal with all situations in a professional and diligent manner. We ensure that no stone is left unturned in the pursuit of your debt and strive to achieve the very best results possible for our clients.
Premium Collections Limited also offers consultancy services to advise on the whole credit management life cycle of your business including, for example, how to set up or improve your internal credit control and debt collection processes.
We can review any existing consultancy requirements and put forward pricing proposals to suit your specific needs. Read more…
No collect no fee – Guaranteed
Instructions are loaded to the collections system on the day of receipt (if before 4pm) and a letter sent to the debtor. Experienced telephone collectors then take over the collection activity.
Premium Collections Limited does not employ power dialler technology, collections staff are allowed time to negotiate with the debtor to pay their debt in full or by a payment plan in the shortest time possible.
If an invoice has not been paid within your specified terms, Premium Collections Limited can, with your agreement or subject to your own contractual terms and conditions, apply late payment charges and/or interest as stipulated by The Late Payments of Commercial Debt (Interest) Act 1988.
Frequently Asked Questions
Is there a limit on how old a debt can be for you to chase it?
We can chase all debts up to 6 years old.
If my debtor has moved without providing a forwarding address can you locate them?
Yes we can. We work on a no trace/no fee basis.
If my debtor already has a County Court Judgment registered against them can you still help us?
Yes, we can help you with post Judgment enforcement of the debt.
What is your average success rate?
Every claim is different but overall we have a success rate of just over 80%.
Can you chase foreign debtors?
Yes we can. We work throughout the World.
Do you just chase businesses or can you chase individuals too.
We can chase individuals as long as the debt is not subject to a regulated credit agreement.
What is late payment compensation?
If my debtor disputes the debt can you still help me?
Yes, we will try and negotiate a mutually agreeable settlement with the debtor.