Recruitment

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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 successful [...]

2016-11-18T10:19:38+00:00 November 18th, 2016|Categories: Business, credit control, Debt, late payment, News, Outsourcing, Recruitment|Tags: |

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 assist [...]

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 the [...]

Recruitment Consultancy Debt

Short look into a recent recruitment consultancy debt successfully collected for our client. An attempt to get out of a clearly undisputable Permanent Placement Fee went sour for yet another debtor this week when they ended up paying our clients full invoice amount + late fees + interest and debt recovery fees.. Special conditions were nulled [...]

Recruitment sector client – back door placement dispute

Settlement increased from 50% to 85% of invoice value. Whilst we’d love to write about all our 100%+ win success stories, some of the others can still offer you great insight into dispute resolution. This particular client, a specialist recruitment firm working nationwide, asked for our assistance when they were faced with a debtor who had [...]

2015-12-07T13:49:55+00:00 December 7th, 2015|Categories: Debt, late payment, News, Recruitment|Tags: , , |

Recruitment debt recovery case history

If you are offered a discount for early payment, don't expect the discount when you pay late! One of our regular recruitment sector clients contacted us with a debt when their client had been given special terms (a discount) under one simple condition, pay on time. Shockingly, despite the handsome discount fee given for the placement, [...]

2015-10-15T16:20:01+00:00 October 15th, 2015|Categories: News, Recruitment|Tags: , |

Latest Recruitment Sector Debt Recovered

Recruitment Sector Debt - Collected! This recruitment sector debt collection success began when our client contacted us having suffered two of their staff being ‘poached’ by a competitor agency. The two staff were at that time contracted out to a hiring company by our client. The competitor continued supplying them to the hiring company. The hiring company [...]

2015-10-06T14:49:19+00:00 October 6th, 2015|Categories: News, Recruitment|Tags: , , |