Debt Recovery In The Wholesale Industry – Case Study
Age of invoice: 6 months old
Principal Sum: £40,000
Days to recover: 7 days
The wholesale industry is an area where businesses must tread carefully with stringent credit control to help mitigate the risk of late invoices and commercial debt. We see many serial debtors and late payers through our work with clients in the wholesale industry and our experience has made us UK market leaders in commercial debt recovery and specialists in the wholesale industry.
Commercial Debt Recovery
Wholesale Industry Case Study
Our client informed us that they had been consistently trying to make contact with their customer for payment of a large debt worth £40,000, however they had been unsuccessful. This had resulted in the client leaving the debt for a further 6 months until they handed it over to the Darcey Quigley team for recovery.
Once we received the debt we were able to make immediate contact with the debtor advising them that they had an outstanding invoice for products they had received from our client. When clients use Darcey Quigley our debt recovery process means debts are actioned within just 1 hour of us being instructed to recover the commercial debt.
After 7 days we were delighted to inform our client that payment had been made in full. Great success for both our client and our team at DQ.
Our experience working with clients like this has made us UK market leaders in commercial debt recovery in the wholesale industry.
If you are in the wholesale industry and have outstanding invoices please don’t hesitate to get in touch with our friendly team of commercial debt experts today on 01698 821 468 or schedule a call for a time that suits you.
