No setup fees – You pay when we recover – No up-front costs

The Cash Protection Agency was established in 1993. The goal of the agency was and still remains to help its clients recover their money without charging a setup fee. To date, our agency has been able to recover in excess of £30 million in outstanding debts.

For free and impartial advice call us today on 0800 433 4113 to find out how you can recover your money.

Business Debt Recovery Hull

Present day, it is not unusual to find a business with unpaid invoices. The reasons behind this can be different including leniency to customers and or lack of time. Because of the high cost and the risk that debt collection agencies pose the relationship of the business and the customers, most of them prefer to stay away from them.

Since inception, we have been able to collect in excess of £30 million in outstanding debts. While that is impressive, our greatest success has been being able to do this without affecting the relationship our clients have with their customers. This has seen us enjoy lots of repeat customers that use our services to date.

Our Debt Collection Service

Q: Your services are too costly for my business. Isn’t it better to write off the debt?

A: There are cases in which hiring a debt collection agency can be very costly. This is only because when agencies attach a setup fee to their recovery fee. With us this is not the case. Our fee is based on a sliding scale that is determined by the age of the debt and we don’t have a setup fee.

We also recover the cost our efforts in the debt recovery from the debtor in cases of commercial clients as is required by the EU Late Payment Directive.

Q: Do I have to worry about the relationship with my customers because of your collection methods?

A: The biggest reason why benefits shy away from debt collection agencies is that they fear their customers will be intimidated. We employ a diplomatic and professional approach to debt collection and allow the debtors to arrange for payment plans. If the process ends up in court, we always make sure that we use County Court bailiffs or High Court Sheriffs.

Q: Do you ever fail to collect on the debt?

A: We do have a very high debt collection success rate but, there are some rare cases where collecting the debt might be impossible despite our best effort. In such cases, we will only ask for a small discontinuance fee to cover the cost of our efforts.

Q: Can you be able to collect if the invoice should have been paid over two years ago?

A: Yes, it is possible to collect on unpaid invoices that are up to 6 years old if you have been actively chasing for payment throughout this time. You can also fill out our contact form for clarification and assistance.

Q: What if the debtor has moved? Can you help to find to him?

A: We have a very helpful tracing service that we have been using for a long time with plenty of success. With our experts from this service, it is possible to locate the debtor.

Our Charges

Aged debt up to 6 months: 15%

Aged debt 6 to 24 months: 17.5%

Aged debt 24 months plus: 25%

Minimum charge: £65- £200 dependant on debt value

Discontinuance fee: £85 – £200 dependant on debt value

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Testimonials

NHS
Having used Cash Protection Agency since 2002, we have always found them to be effective and efficient. The debts we submit for collection services are almost without exception difficult, problematic, personal debt cases where we have exhausted all possibilities in-house, yet, Cash Protection Agency Ltd always rise to the occasion and their success rate has been high. Their staff are always courteous, helpful and professional, and work in the spirit of partnership with us providing good advice and support.

A Senior Finance Manager in an NHS Trust in the West Midlands