Nexa Collect

OCTOBER 31, 2022

Still, there are some industries where the average recovery rate is better than others. Based on clients we came across last year (2021), here is the average recovery rate we have seen, along with our collection agency partner(s). No collection agency publically publishes the results they achieve by industry.

Credit Unions 130

Credit Unions Credit Unions Manufacturing Collection Agencies 130

UK debt collections

FEBRUARY 16, 2024

A recession produces a fragile economy that has its own jeopardy for the debt collection industry. With a rise in Business insolvencies being recorded, it clearly means that the recovery rates for commercial debt collection agencies is falling. The domino effect continues on, affecting many.

Collections 79

Collections Collection Agencies Collections Agency Construction 79

Qualco

OCTOBER 25, 2023

This productivity improvement empowers faster and more effective debt recoveries. QUALCO Collections & Recoveries (QCR) optimises operations for cost savings and improved repayment rates, provides real-time customer financial insights and streamlines collaboration with collections agencies.

Credit Management 80

Credit Management Debt Recovery Retail Collection Agencies 80

Nexa Collect

APRIL 11, 2021

Performance of Collection Agencies during Covid-19 Pandemic. Economic downturns create a huge opportunity for the debt collection industry. A large number of creditors are stuck with unpaid invoices, and as their own efforts fail they tend to submit more accounts to collection agencies. drop from 2019.

Collections 130

Collections Collection Agencies Collections Agency Construction 130

UK debt collections

NOVEMBER 15, 2023

The current plight of hospitality and retail businesses demands urgent government intervention through a comprehensive overhaul of the business rate system.” “The HMRC also desperately requires increased funding to streamline its financial debt recovery processes.

Government 59

Government Trade Retail Creditors 59

UK debt collections

JANUARY 10, 2022

This sentiment was echoed by Chris Spencer from leading Business Debt Collection Agency Federal Management. Debt Collection Agencies in the UK have collected millions in unpaid invoices on behalf of Small Businesses. We specialise in delivering Professional Debt Recovery for Small Businesses.

Collections 81

Collections Government Collection Agencies Collections Agency 81

Taurus Collect

AUGUST 19, 2020

This year has been more than challenging for UK businesses with the evolving COVID situation and No Win No Fee Debt collection is becoming more important than it has ever been. As a b2b collection agency, we feel it is our duty to help businesses from all industries collect debts quickly.

Collection Agencies 40

Collection Agencies Collections Agency Collections Debt collector 40