Discounts of up to 30% are available for customers whose requirements are in excess of 25 accounts per month.
Please note that to qualify for this service you will have to provide Financial Recoveries Ltd with copies of the debts owed to your company 10 days before the invoice becomes due for payment.
For further details on this service please contact our sales team by clicking here.
Ledger Clearance
The cost for our ledger clearance service is dependent on the age of the outstanding ledger. To discuss this requirement further please contact our sales team by clicking here, to provide you with a guide for this service a Bulk Instruction of £250,000, with the debt age between 6 – 18 months then our rate for our no win no fee service would be between 10 - 15% of the funds collected.
Debt Salvage Rates
1 - 2 Years Overdue
30%
2 - 3 Years Overdue
35%
3 - 4 Years Overdue
40%
4 - 6 Years Overdue
45%
For further details on this no win no fee service, please contact our sales team by clicking here.
Debt Purchase
Please note that this service should only be considered if you are looking to sell a portfolio of debts. These may yield a higher premium as the risk is spread. One off debts yield a lower premium as there is a 100% risk. In the event that you are looking to sell just 1 debt we recommend that you look at the debt recovery options first. Please contact our sales department by clicking here to discuss your requirement further.
Tracing Fees
Result
Rate
Successful UK Trace
£55
Unsuccessful UK trace
£15
Quotes will be given for the tracing of International debtors.
To discuss any of the above no win no fee services please do not hesitate to contact our sales department by clicking here.
For rates for our No Win No Fee debt recovery service click here or if your looking for our rates for Legal action click here.