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Debt Collection Tips for Startups: 6 Steps Entrepreneurs Must Take to Survive

Taurus Collect

In the UK, an innovative approach offered by many a debt collector is the ‘no win, no fee’ model, providing a risk-free solution for startups to pursue owed money. This model not only alleviates the financial pressure on emerging businesses but also ensures that debt collecting in the UK becomes a more accessible process.

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Navigating Commercial Debt Collection: Tips and Best Practices

Taurus Collect

Managing finances is a crucial aspect that determines the success and sustainability of a company. An inevitable part of this financial management is the realm of commercial debt collection. In this blog post, we will delve into the tips and strategies that will help you navigate commercial debt collection effectively.

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How Debt Collectors Work

Taurus Collect

Dealing with unpaid debts can be a challenging aspect of financial management both for businesses and individuals. That’s where a debt collections service steps in—a critical intermediary that takes on the task of pursuing delinquent accounts to ensure that owed funds are recovered.

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Six Tips for Making Collection Calls that Get Results

Taurus Collect

Navigating the complex world of debt collection can be a challenging task, especially when success rates are not always guaranteed. However, adopting a ‘No Cure No Pay’ approach to debt collection in the UK can significantly alter this landscape.

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When Can I Send a Non-Paying Tenant to Collections?

Taurus Collect

When faced with a tenant who is continually late or fails to pay their rent on time, many landlords are unsure of what their next steps should be. Not knowing whether to issue warnings, take legal action or try other methods for collecting unpaid rent can make the situation even more challenging.

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Can a Collection Agency Change an Account’s Open Date?

Taurus Collect

Dealing with a collection agency can often feel like navigating a maze, especially when there seems to be a change in your account’s open date. If you’ve found yourself in this situation, you’re likely asking, “Can a collection agency change an account’s open date?”

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When To Escalate An Invoice To Debt Collection Services  

Taurus Collect

Late payments can be a significant problem for any business, and when it comes to collecting unpaid invoices the situation can become difficult. It is important to know when the best time might be to escalate an invoice from your internal collection process and hand it over to professional debt collection services.