The use of well managed outsourced credit control maintains cash flow and reduces the need for debt recovery

The use of well managed outsourced credit control maintains cash flow and reduces the need for debt recovery

The service is carried out entirely in your brand by your named experienced credit controller(s). Whilst many of our competitors use remote workers, all of Sterling’s staff work from our service centre under a team leader and service manager. Cover for absence is provided in each team so the service runs each week consistently without […]

Meet us at the Recruitment Agency Expo – 2017 – Birmingham 4th – 5th October

We look forward to meeting our existing clients, and anyone who has an interest in discussing how we can assist their business. Please use our contact us form to get in touch beforehand and schedule a meeting or just visit us at the expo, stand D29. more info about the expo: http://recruitmentagencyexpo.com/birmingham/exhibitor-list/

Duty To Report – tackling late payment

We can assist you collecting late payments from your clients, the penalties which the debtors may incur should deter them from doing so again. Don’t leave late payment too late before reacting. Cash flow problems as a result of not acting quickly can seriously damage your business. Keeping a tight rein on invoice collections from the […]

Sterling have been providing service to a London based Insurance broker firm since 2015 and can tailor a programme to suit your precise business needs too.

Working capital optimisation continues to be a top priority for insurance brokers. Finance executives aim to bring down SG&A costs, thereby reducing the cost of processing per contract. Most brokers hold a continuous improvement goal, driving them to find ways to eliminate unneeded waste in back-office operations. Back-office operational tasks especially phone calls, emails and […]

Sterling become Approved Suppliers to The Association of Recruitment Consultancies (arc)

ARC – The Association of Recruitment Consultancies has approved Sterling as a supplier. Sterling work on a no-win, no-fee basis with no up-front charges. In the majority of cases we are able to add late payment interest, fees and recovery costs to the debt meaning that the debtor effectively covers our fee. We are particularly […]

British SMEs are owed more than £586billion in outstanding invoices

The following is an excerpt from a recent report published by Lloyds. Whilst there are an array of invoice financing options open to businesses, they are at a cost and as our clients find, not all invoices are financed – that’s when they look for risk free no upfront payment solutions such as debt recovery, to […]

Small Business Minister & Prompt Payment

New measures to support the Prompt Payment Code have been confirmed. New measures to support the Prompt Payment Code have been confirmed in a letter sent to signatories of the code from Small Business Minister, Margot James and Philip King, Chief Executive of the Chartered Institute of Credit Management (CICM). More than 1,800 firms are […]

Businesses and individuals seeking money owed to them are being priced out of court

Businesses and individuals are being priced out of court, warns the Bar Council, as figures from the Registry Trust show a 19 per cent drop in county court judgments against businesses in the first half of 2016. Chairman of the Bar, Chantal-Aimée Doerries QC, said: “The courts risk becoming out of bounds for many as […]

Late payment and other business failures cause over 1-in-5 corporate insolvencies

At least one fifth of UK corporate insolvencies in the past year were caused by late payment or the insolvency of another company, according to new research by insolvency and restructuring trade body R3. A survey of the insolvency profession reveals that late payment for goods or services was a primary or major cause of […]

Old debt – Enforcing a judgment.

Old debt – Enforcing a judgment, unlocking cash. Following the successful collection of a recent debt for a new client of ours, they then dug out details of an older debt which had previously been dealt with by a different debt recovery company who they were using before us. They asked us if there was anything […]