Why using a reputable debt recovery agency is crucial
- September 16, 2016
- Posted by: admin
- Category: Company Blog
Fraud is more prevalent than ever in the digital age, with dodgy invoicing, scam debt recovery and bogus commercial debt collection companies becoming increasingly common.
A recent report by the Tungsten Invoicing Network found that UK SMES are losing more than £9billion through fraud each year, with one in six of the 1,000 respondents believing it has cost them over £5,000 in the last year alone.
A massive 47% of those questioned had been contacted with fake invoices for payments, and 54% view it as their single biggest threat. So with many firms now on red alert, it’s essential that you use a commercial debt collection company that people can trust.
With over 50 years in the debt recovery industry, helping everyone from sole traders to multi-national corporations get back the money that’s owed to them, we at CBC International are your perfect partner.
We are licensed by the Financial Conduct Authority, registered under Data Protection legislation and proud members of both the CSA (Credit Services Association) and TATOC, the largest consumer association for timeshare owners in Europe.
In the commercial debt collection industry, our reputation is impeccable and we act with complete professionalism, so you can be confident that anybody we contact on your behalf will realise that we are a genuine company.
And although our no collection, no fee basis really means you have nothing to lose, you could be losing lots by working with less reputable debt recovery agencies that may come across as scammers.