AU | NZ | CN

How to Secure Your Funds and Get Your Debts Paid Faster

Time is of the essence when it comes to debt collection. The longer you allow invoices to go unpaid, the lower your chances are of successful recovery. But if you are quick to take action and you partner with the right people, then you can save yourself from bad debts.

This case study shows how taking immediate action can help businesses secure their funds and get their debts paid faster.

The Case

Recently, a client approached us to help them recover an outstanding invoice that has been overdue for over six months. The invoice was for repairs our client had done on the debtor’s bus. Our client was asked to complete the job urgently and they did so in good faith, agreeing to forward an invoice for payment after the repairs were finished

What proceeded then was six months of our client repeatedly requesting payment, only to be met with excuses and broken promises.

The Experts Were Called In

After over six months of receiving no payment, our client had had enough. They decided to engage Slater Byrne Recoveries to take the matter over and instructed us to pursue the debtor for the funds.

The Successful Outcome

Less than 24 hours after we were engaged, Slater Byrne was able to persuade the client to send payment of the full amount directly to your client’s bank account.

If you are looking to clear your debts quickly and need help with some of your delinquent clients, do not hesitate to get in touch with us.

Call us today on 1300 794 290 for a no obligation consultation with one of our experienced managers.