How to optimise your debt collection rates.

There are 4 key factors that will give your business the best chance to optimise your debt collection rates. Consider these elements and you will support your organisation’s cash flow and minimise bad debt. Do not let your ledgers age There is a strong correlation between the age of invoice and its collectability. As a…

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Top 6 Reasons to Outsource Debt Collection in 2021

As much as we would like to believe we live in a world where everyone pays an invoice as soon as it hits their desk, or at least on the first available payment run, the reality is actually very different. There will be very few businesses in Europe that do not have to engage in…

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BARRATT SMITH BROWN MOVES INTO UK DEBT PURCHASE MARKET

Launching new partnership with Fortis Group Holdings   Barratt Smith Brown are pleased to announce a new partnership with Fortis Group Holdings – an international hedge fund seeking new opportunities in the UK debt purchase arena.   Barratt Smith Brown has an established reputation for providing market-leading, consumer and commercial debt collection support to its…

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2021 debt collection landscape

Overview of 2021 Debt Collection Landscape

  Whilst many hoped that 2021 would mark an end to the Covid-19 pandemic and a return to normality, the reality both in the UK and globally is very different. The mutation of the virus into new, more transmissible strains has in fact seen the number of infections and hospitalisations soaring to levels far beyond…

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