SPECIAL OFFER until 31.03.2021: FREE RECOVERY OF YOUR CAPITAL
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Special Offer for Invoice Finance Companies
We can all agree that things are very strange at present, as we wait for measures to be lifted over time and for businesses to start to return to normal.
The pressure on Invoice Finance providers will grow and we expect there to be far more insolvencies and therefore collect outs required in the coming months.
There will also be lots of instances where a Funder is nervous about whether they will recover their capital in full or not, based on a variety of risk factors such as
potential Fresh Air Invoicing, Insolvent or In-Trouble Debtors and Poor Internal Controls, to name but a few.
To assist our clients over the next month we have decided to offer our services effectively free to all Invoice Finance providers.
For any instructions received in February or March 2021 we will work for Free until we have reached your funds out position.
We can then either charge our fee from any surplus prior to the ledger being re assigned to the Insolvency Practitioner (if we are on your panel or work for you regularly) or after it has been re assigned(if we are not on your panel)
If for any reason we don’t recover your full Funds In Use position, then you will not be charged by us at all.
Please therefore consider us for any cases that come in during this time as we really are providing a risk free solution to you.
Special Offer for Insolvency Practitioners
As we are all expect a ramping up of insolvencies in the coming months, here at Credebt we wanted to check in with you and see if there are any older Ledgers on cases you are dealing with that would benefit from us trying as hard as we can to collect out for you?
If the Ledger is the last remaining asset on any cases you have open, then this will hopefully present you with the chance to get these closed off, prior to the expected influx of new work over the coming months.
We are happy to take on any ledgers with debts less than 6 years old and obviously we will work on these on a no-win-no-fee basis so you really have nothing to lose and plenty to gain from this.
Please let us know in due course if you have any such cases that would benefit from our involvement.
Even if we don’t recover anything then at least you will have a detailed report that you can use to explain fully to Creditors why no recoveries were possible, although we do pride ourselves on the fact that over 98% of Ledgers we have ever been handed to pursue have resulted in at least a partial recovery.
Get started by requesting your FREE Debtor Collateral Review
We always suggest that the first step to recovering your capital is to get us out to site to carry out a comprehensive Debtor Collateral Review. It includes:
On-site or virtual visit, usually within 24 hours but guaranteed within 48 hours, to thoroughly review the following:
Order to Cash Process
Aging Profile of the ledger and movements over recent months
Details of any issues and queries
Invoices and Backing paperwork
Staff – current and historical, and procedures followed
Reconciliations being produced
Verification of Outstanding Balances if required
We will meticulously analyse all aspects of the Debt against which your Funds are secured. We call on our extensive expertise in all industries to find issues and investigate them, before reporting to you with our findings and offer solutions on day one.
We have no set agenda other than to investigate and confirm the actual status and Real Value of the Ledger, and to propose sensible solutions that we can then follow up in a variety of ways.
To get your free Debtor Collateral Review, just call our MD Glen Morgan on 0845-6385256 or 07780-865416. Alternatively, fill in the form below:
How can we help?
Credebt provide a full range of expert Receivables Management Solutions to the Insolvency Profession, the Invoice Finance Industry, advisers and their clients, from full sales ledger recovery to outsourced credit control.
For more information about how we can help, call 08456-6385256
or email our MD, Glen Morgan at email@example.com.
“Glen and his team are very good at what they do. They are professional, courteous and commercial and can quickly get to grips with the scenario they are presented with. Glen has also gone out of his way, attending a meeting at short notice to offer support to try and reach a conclusion of a very challenging situation. I wouldn’t hesitate to recommend Credebt services.”
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3 Hardman Square
Credebt Limited: Registered in England Number: 6933734 Registered Office: Trym Lodge, 1 Henbury Road, Westbury on Trym, Bristol BS9 3HQ
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