Collect Outs

Collect outs

Maximising the recovery
Hilton-Baird Collection Services

Given the extensive financial challenges faced by many SMEs and corporates at present, asset based lenders and Insolvency Practitioners are increasingly working with expert debt collection agencies to maximise sales ledger recoveries in recovery situations.

Hilton-Baird Collection Services understands that, today more than ever, speed is of the utmost importance, which is why we can be on site within 24 hours if required to collate the vital paperwork, secure electronic data and begin formulating a collections strategy.

This process includes extracting and uploading the sales ledger onto our custom-built collections platform, before verifying and valuing it. All documentation can also be scanned and easily retrieved, giving us a unique platform from which our experienced collections team can operate.

Because every ledger and individual debtor is different, we tailor our approach accordingly by using our full repertoire of collections techniques – including a combination of telephone calls, letters and face-to-face visits – to maximise the recovery. Our collections cycle includes letters before action, issuing online as well as enforcement using our high court enforcement partners.

Having assisted ABLs and IPs with their collect out requirements for more than a decade, we possess the experience and expertise required to bring a successful conclusion to even the most difficult cases.

To find out more about how we can assist, please call 02380 707392 or email cs@hiltonbairdgroup.co.uk.