Cash flow is vital for your business planning and growth. We want to support you should you need help. In the event of any unpaid invoices, you will get as part of your monthly accounting subscription:
Free legal advice to assess merits in pursuing any debt claim
Our panel solicitors will provide you with free legal advice on whether you would be successful in the recovery of any unpaid debts. Swift advice will be provided to you to allow you to make a decision on whether or not you wish to pursue legal action against those who have not paid you on time or at all.
Legal services on a no win no fee basis
Should you want to proceed with legal action, our solicitors will take all the pressure and chasing off you! They will send a letter to the debtor requesting formal demand of payment. Should they still not pay, our solicitors will draft the requisite court papers and issue proceedings against the debtor. All legal fees for our solicitors will be capped at 25% of the total sum recovered. In the event of no recovery, you will walk away owing nothing. As an example, in a successful scenario, should our solicitors recover £1000, they will retain £250 and provide £750 back to you. In the event that third party fees become applicable (like Court fees), these will need to be paid by you and are recoverable from the debtor upon success.
Access to international tracing agents and debt recovery agents
Our solicitors work extensively with efficient agents who have extensive experience in not only locating those who do not want to be found, but also their full financial background. This is crucial to know at the outset as of course you will not want to waste time and monies pursuing a debtor who has no money to pay you.