Debt Purchase

What is debt purchase?

Despite the range of debt collection methods available to businesses, once a customer delays payment beyond agreed terms, there will occasionally be those that are just too difficult, time-consuming or costly to recover in-house.

Debt purchase offers businesses a useful alternative to simply writing off debts once the decision is made not to invest any more time and resource into chasing customers for payment.

In this event, debt purchase companies could buy the debts from a business. This tactic ensures that a portion of the overall value is recouped immediately by the seller, and removes the burden from its credit control team.

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How can we help?

With a proven track record in delivering results for our clients, our team will dedicate the time and resource to recovering your debt that you may no longer be able to allocate.

And, should you still want to sell your debt, with a range of reputable contacts we can identify the most suitable debt purchase company for your requirements.

To find out more about how we could help your business contact us on 0800 9774848 or collections@hiltonbaird.co.uk to discuss your requirements.

“I had basically written off the money, but after talking to Hilton-Baird I was more confident that I would get my money back – and I did.”

Rick Harrison, Director, Tangram Consulting

Just some of our clients

  • Eazipay
  • Quantuma
  • Kreston Reeves
  • Custom Glass
  • Royal Bank of Scotland
  • Midland Rock
  • PNC Business Credit
  • Leumi ABL
  • Close Brothers Invoice Finance
  • Duff & Phelps
  • Santander Corporate & Commercial
  • Harrisons Business Recovery
  • Construction Recruitment Services
  • Barclays
  • FRP Advisory
  • SER Contractor
  • BNP Paribas
  • Leonard Curtis

Authorised and Regulated by the Financial Conduct Authority

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