UK Debt Collection
Operating on a 10% No Collection-No Fee commission basis
Experts in UK Debt Collection
Guildways provides a simple solution to UK debt collection operating on a no collection-no fee commission basis. You simply fill out our short online sign-up form, we run a quick credit check, and from there can immediately begin chasing up debt on your behalf. No collection-no fee means that the service is completely risk-free, and our online case management software, Casemanager, allows you to track and manage cases directly in real-time.
If you are dealing with individuals or sole traders that owe you money, you need to comply with the Pre-Action Protocol for Debt Claims. Guildways will send a fully-compliant Pre Action Protocol letter on your behalf. Click below for full details on the Pre-Action Protocol for Debt Claims process.
How Does it Work?
Contact
Once you’ve signed-up and submitted the debt details to us, we will seek payment by contacting your customer. Our collection activity will typically take between 30 - 60 days.
No Collection-No Fees
This is a risk free service – if successful we charge a percentage commission based on your customer’s geographical location. If we are unsuccessful, you will pay nothing.
Funds Transfer
When your payment has been recovered, we send the money directly into your company bank account. Your customers can also pay account-to-account directly via our secure online platform.
Lovetts Solicitors
If there are any unresolved debts, we can issue court proceedings via Lovetts Solicitors. Any legal action will be charged on a fixed fee basis.
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Do you need to trace a customer?
If you require Guildways to trace your customer, this will be carried out on a no trace, no fee basis for UK debts. The fee for a successful trace will be £45 + VAT. Tracing customers based overseas will vary depending on where they are located. We will provide a quote on a case by case basis.
Watch our short video
Find out what we do for our clients and how you would benefit from outsourcing your debt collection to us.