Clients not paying on time ?

[dglick]

Direct Route are National Licensed Credit Managment company and we provide a true ZERO COST Service for collecting any overdue trade invoices.

If you want to improve your cash flow by getting (B2B) invoices paid - instead of spending half your time chasing for payment, and being given excuses or false promises :

* Any debt up to 3k - we collect at ZERO COST
* Invoices over £3k we collect at just 2%
* We work on a No win - No fee basis
* There are no minimum commitments - we work with sole trader up to major PLC, you can pass one invoice or a thousand
* Minimum Debt value we can work on is just £1
* We also do absconder Tracing, Credit Reporting (Real-time), and also if required can assist throughout the entire legal process.
* No ongoing or hidden fees.

So, concentrate on running your business, whilst reducing write-offs, and improving your cashfow.



Thanks and Regards.
_______________________________________
DANIEL GLICKMAN

Tel/Fax : 0161 7735178
Mob : 07969-729106
E-Mail : dglick@directroute.co.uk

[multilingual]

Very interesting Daniel.

My only question would be; where is the catch?

The vast majority of small business debt would fall under £3000 per client, which you would recover for free, and for the rest you would only charge 2%.

I can't see how the figures stack up. It seems like a lot of work on your part for very little reward.

I would gladly look into this further, but I am a little cautious.

JB

[dglick]

There is no catch.

Firstly, to put your mind at rest - we have been established 12+ years, and are fully licensed by the Office of Fair Trading, and fully vetted members of the Credit services Association.

We have a unique system where we operate under Late Payment legislation, which alows us to charge statutory compensation and interest charges (to the debtor) for late payment, which is how we mange to operate very effectively at no cost to the client. effectively the debtor pays the cost of recovery instead of the client - except for the 2% for larger value debts.

No changes are required to to Terms of conditions of trading

[multilingual]

Thanks for that Daniel, I will certainly put your details on file for future reference.

We don't get that many bad payers, but like you say the hassle of dealing with those few debts is often more trouble than it's worth as they take so much time to chase and follow up.

Welcome to the forum btw

JB