B2B Debt Collection Solutions

When it comes to improving cash flow, businesses typically have two options. Either secure funding at the front end, or get paid sooner by customers at the back.

At Hilton-Baird Financial Solutions, we can help you with both. On the one hand, we can use our knowledge of the commercial finance market to introduce your business to the most suitable funding solution – including facilities which are designed to overcome the challenges posed by trading on credit terms. On the other, we can introduce you to a specialist commercial debt collection agency that can assist at any stage of the order-to-collections process.

From recovering individual invoices which have exceeded credit terms to providing a fully outsourced credit control service, B2B debt collection solutions can help your business to get paid faster whilst maintaining those all-important customer relationships.

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22.5
days

Average wait beyond agreed credit terms for invoices to be paid

£14.2
billion

Overall late payment debt owed to SMEs in 2017

£2.16
billion

The total bill small businesses face for chasing overdue payments

Benefits of B2B debt collection solutions

Removes the burden from internal resource, giving you the time to focus on growth
Expertise when liaising with sometimes difficult customers
Debt collection agencies will be mindful of your customer relationships
They can guide you through the legal process when litigation is required
Solutions work well in tandem with some funding facilities, for instance invoice discounting

Are debt collection solutions right for my business?

Whether you’re struggling with late payment or could benefit from freeing up internal resource to focus on growth, outsourced debt collection solutions can be extremely beneficial to businesses of all sizes.

To find out more about how we could help your business, call 0800 9774833 or email info@hiltonbaird.co.uk.

I was very impressed with Hilton-Baird’s attention to detail, especially in ascertaining our exact requirements. Above all else we were most impressed by the personal touch of the person who handled our enquiries. I would definitely recommend Hilton-Baird.

Related Resources

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How To Improve Cash Flow - Your ABC Guide

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5 Reasons Now’s The Time To Benchmark Your Funding

© Hilton-Baird Financial Solutions Limited
Registered in England and Wales. Company Registration Number: 03832884. Registered Office: 110 Cannon Street, London, EC4N 6EU
ICO Number: Z7220067

Authorised and regulated by the Financial Conduct Authority (FCA number 730445)
We are a credit broker and not a lender and offer credit facilities from a panel of lenders

We work with a panel of commercial finance providers and are typically remunerated by way of commission. The structure and amount of commission we receive varies between products and based on the facility. Further details are available on request.

Debt Collection