— Lucinda Knipe @ 5:25 am — 
August 7, 2010
In the current financial climate and with financial institutions still being reluctant to offer money to small businesses, a small business awaiting payment for work completed oritems supplied may think twice before dealing with legal practices or Debt Collection companies, especially if these have been used in the past. While legal practices and Debt Collection companies which specialise in commercial Debt Collection may offer a high quality service, this does come at a estimated price of some 8% to 10% of the debt, plus expenses and further charges if the case goes to court.
But just suppose the small business had access to the techniques used by Debt Collection companies and could compose good quality Debt Collection Letters all for a single one-off cost of under £100, would they be wise to ignore it?