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Sep 5 2018
Debt Recovery

How to Save Money on Doorstep Collection Agents

From time to time, in order for your business ventures to stay afloat, you may have to collect payment for your services or products. Making calls and writing payment demands can be a time consuming and expensive process, and if you have a business to run you simply don’t have the time to chase payments yourself. In these instances, it helps to make use of a third-party collection agency, but how can you save money on doorstep collection agents?


Find a service that suits your needs

Some collection agencies offer a rather rigid service when it comes to doorstep collections. We recognise that every business is different, so make sure you work with a collection agency that will take your unique needs into consideration. Quite often, you’ll be able to find a debt collection solution that perfectly matches up to your business model. It’s a good idea to think about what you want from your debt collection, do you simply want it pursued, or would you rather write it off as a tax loss? Considering the different options available to you will help you save money on doorstep collections.


Legal protection

Whilst it may seem tempting to go with the cheapest service, or use in-house doorstep collection agents, it could end up costing you money in the long run. Professional and experienced doorstep collection agents such as ourselves are legally protected. That means you’re protecting you and your business from any legal costs which you could incur using less experienced collection agents, saving you potentially thousands of pounds in the long run.


Using professionals

The best way to save money on doorstep collection agents is to take your focus off debt recovery and put it on growing your business. Professional doorstep collection agents allow you to do just that. Not only will you be entrusting trained professionals, but you’ll be giving yourself the best possible chance of recovering the debt. That means you can get on with the important task of growing your business.


If you’re waiting for payment and need help recovering it, talk to First Capitol today. Our highly experienced team will work alongside your business to find a debt recovery solution that’s right for you.

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