Commercial Debt Collection
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Debt Collection Business Package

Our Debt Managements Packages make it easy for you to collect debt whilst maintaining customer good will.

We provide a friendly but firm and professional service when collecting money owed to you based on a unit system.

By purchasing units from us we can offer our services at reduced costs and our units never expire.

What does a unit buy me?

Recommended for slow payers - 1 unit will initiate the following actions.

Step 1 - Letter before Action

This will include:

  • Letter 1 - Initial 3rd Party Demand sent from LPL. Debtor is instructed to send all payments direct to you
  • Letter 2 - Final LPL Demand sent from LPL. Debtor is still instructed to send all payments direct to you
  • Letter 3 - Solicitors Demand sent via Hds Solicitors. Debtor is still instructed to send all payments direct to you

Note: Client can instruct LPL to send all three letters or speed up the service by starting from letter 2.

If the debt is paid any time within the 3 letter cycle no further charges are incurred.

Note: On all accounts instructed that are below or between 90 - 120 days LPL achieves 80% recovery rate using Step 1 - Letter before Action

If the debt remains unpaid then with your authorisation only we can go to step 1A

Step 1a - No recovery / No fee

No Recovery/ No Fee. Fees from 10% only on recovered amounts (subject to terms and conditions) .This will involve direct contact with your debtor via LPL's specialist Account Handlers to achieve recovery, return of goods, Payment plan etc

I need this service now

 

Recommended for bad payers - 1 unit will initiate the following actions.

Step 2 - Fast Track

FOR IMMEDIATE PROBLEMATIC ACCOUNT ACTION - By-pass 'Letter before Action' and go straight to No Recovery / No Fee (subject to Terms and Conditions).

Fast Track no recovery / no fee at a reduced fee of only 7%

I need this service now

 

Recommended for bad payers - 1 unit will initiate the following actions.

Step 3 - Credit Checking

1 Full Credit Reference Report on any UK Company

I need this service now


If you would like to discuss anything further you are welcome to:

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0844 324 5940
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Get expert advice on collecting your debt 0844 324 5940 Commercial Debt Collection Agency Of The Year - 2012 Finalist
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