Debtcol are a proud supplier to members of The National Merchant Buying Society.
The failure of a customer to pay for goods may occur for a number of reasons but is often caused by customers either not understanding or trying to avoid their contractual responsibility, particularly in circumstances where you may have the added benefit of holding personal guarantees. Our thorough knowledge of contract law and understanding of debtor behaviour, across many commercial sectors, means we are able to deal with genuine disputes and excuses for non-payment, resulting in quicker collections.
Our proven track record of working with “wholesalers” means that NMBS members receive an exceptional service, which is bespoke to their own business requirements.
To maximise your collection rates and avoid costly ‘bad debts’, we work closely with internal credit control and account receivable teams, providing support as well as expert legal advice.
NMBS members also receive preferential collection rates on a no collection /no fee basis.
I cannot recommend Debtcol highly enough – over the past 7 years they have provided us with a thoroughly professional service and have been instrumental in reducing our bad debt to all-time low levels. Paul and the Debtcol team have taken the trouble to understand our business and have adapted to our slightly more considered approach to our customers, especially those in genuine distress.Mike Mann, Finance Director, Williams Trade Supplies Ltd (NMBS Member)
I have been using Debtcol for many years. I would not even dream of asking a solicitor to chase a debt now. They are excellent.Chartered Accountant,
Thank you for all the work you`ve done for me, you guys have been the best collection service I have ever used over the past 35 years and I wouldn`t hesitate to recommend you to any other business.Paint & Decorating Wholesaler,