Debt Collection Blackpool
Blackpool is a seaside resort that is famous for fun-filled attractions that see millions visit every year.
The town is a hub for industry and tourism, contributing a large amount of money to the economy within the North West.
There are around 140,000 people that live there and there are over 4,500 businesses operating there.
It isn’t all fun and games, as a large number of these suffer from debts on a daily basis.
In situations where someone owes you money, it’s worth knowing where to go.
When a debtor owes you money, this can have some serious repercussions for your cash flow.
Cash flow is the bread and butter of any organisation so taking all measures to ensure this isn’t affected is vital.
As a result of this, the need for a dedicated Debt Collection Blackpool agency has increased in recent years.
Unbeknownst to some, there are many different ways in which someone can owe another money.
With this, some of the most common debt scenarios in Blackpool are:
- A business client not paying their invoices on time or at all.
- A customer not paying for services that have been provided to them.
- A friend, family member or partner owing someone money after borrowing it.
- A tenant leaving a property after refusing to pay rent to the landlord.
- An employer that has underpaid its employees.
The list above demonstrates that debts can come from any walk of life, with some debtors being closer to home than is comfortable for most.
Getting a debt resolved as quickly and as efficiently as possible should be a priority for all who have debts.
Knowing the best place to turn can be the difference between receiving all your money back or none at all.
Our team of experts have put together this article to assist you on the topic of Debt Collection Blackpool.
The Options For Debt Collection Blackpool
There are several options available to you when you are owed money by someone, but choosing the right option is crucial.
An option that many clients have acknowledged is to independently collect the debt. This is counterproductive and is not recommended.
Collecting a debt by yourself is costly on both your time and money, and there is no guaranteed result.
Also, the time that you waste should be spent on value-based tasks such as growing your business.
Why should you waste even more money when trying to recover money that is already owed?
Another method that has been popularised over the last century is the use of Solicitors.
However popular, this method is outdated and has more negatives than benefits.
Solicitors are expensive and have been known to charge their clients on a drip-fee basis.
This may mean that in some cases you will be paying almost the same amount of money you are trying to get back.
There are also no guaranteed results due to their lower-than-average recovery rates.
The above options can make an already stressful situation even more difficult for those who are affected.
The absolute best, and most reliable, method of collecting a debt is by using the services of a professional Debt Collection Agency.
At Debt Collection Preston, we provide the leading local referral service for debt collection agencies.
Debt Collection Blackpool – The Best Debt Collection Agencies
No matter where you work or who you work for, you could be hit with a debt unsuspectedly.
When this occurs, choosing the right Debt Collection Agency will ensure a hassle-free recovery process.
Across the UK, there are many agencies to choose from for the collection of Commercial, Private and International Debts.
We have picked out our best and most trusted agencies to provide you with the best service possible.
Commercial Debt Collection Blackpool – Federal Management
A commercial debt is formed on a business-to-business basis, and can usually arise when a client has left an invoice unpaid.
It is common for most businesses to experience this every once in a while, but when this happens regularly you need to speak to the experts.
Our recommended agency for Debt Collection Blackpool matters is Federal Management.
Federal Management is the No1 Commercial Debt Collection Agency in the UK.
They have collected business debts since 2014 all while producing a portfolio of high calibre clients.
Some of the major benefits of using them for Commercial Debt Collection Blackpool are:
- Up to 90% average recovery rate on all undisputed debts.
- Low commission rates from as little as 6%.
- Regulated by the Financial Conduct Authority (FCA).
- No Collection = No Collection Costs To Pay!
Over their long history, they have enabled thousands to maintain client relationships.
Private Debt Collection Blackpool – Frontline Collections
Non-business debts, such as those owed by friends and family members, will fall into the “Private Debt” category.
Self-employed individuals will fall into this category as it is common for customers to not pay for work.
If you fall into any of the above scenarios, we recommend using Frontline Collections for the recovery of private debt.
Since 2005, they have collected millions of pounds for those who have been owed money by private individuals.
They have provided services within almost every sector, with the most common being:
They are also “Gold Preferred” Suppliers with the Independent Schools Association.
Not only this, but they also operate the UK’s highest recovery rates and lowest commission ++rates across the board.
There is a reason why Frontline Collections are the UK’s No1 for Private Debt Collection requirements.
International Debt Collection Blackpool – Frontline Collections
As mentioned above, when someone owes you money this can be extremely stressful for you or your business.
When your debtor is based overseas, this can make the situation even worse.
Fear not, as there are Debt Collection Agencies out there that are trained to combat the hindrances posed by overseas debts.
One of these is Frontline Collections, who are the best in the UK for recovering international debts.
Some of the major benefits of using Frontline to recover your overseas debts are:
- FREE initial assessment & investigation
- Proactive and Professional approach
- High Debt Collection Success rates
- International Network of trusted Agents
No matter where you or your debtor are based in the world, you should never have to feel stressed during the recovery process.
Get in contact with one of our trusted partners now.
Debt Collection Blackpool – Have Any Questions?
Get In Contact With Our Experts Now!
Our recommended team of Debt Collection Experts are happy to help with your enquiries.