A logo for mcqueen partnership with a black background

Debt Recovery Myths: Don't Let Them Hold You Back

Nathan McQueen • July 25, 2023

Are you tired of chasing late payments from your clients? You're not alone. Many businesses struggle with unpaid debts, and often, they believe in common myths that can hinder their recovery efforts. 

In this post, we'll debunk some of the most common debt recovery myths and show you how our proven solutions can help you recover what you're owed.


Myth #1: Debt recovery is only for big businesses


This is simply not true. Debt recovery is a valuable service for businesses of all sizes. In fact, small businesses are often the most vulnerable to late payments and bad debt. Our tailored debt recovery solutions can help you recover your funds, no matter the size of your business.


Myth #2: Debt recovery damages customer relationships


This is a common misconception. In reality, debt recovery can actually improve customer relationships. By having a professional and transparent debt recovery process in place, you can establish clear expectations with your customers and ensure timely payments. This can lead to a better understanding of your business relationship and even improve your reputation in the industry.


Myth #3: Debt recovery is costly and time-consuming


Our debt recovery solutions are fast, effective, and cost-efficient. We work on a no-win, no-fee basis, which means you don't pay anything unless we recover your funds. Our team of experienced professionals handles all the work, freeing up your time to focus on your business operations.


At McQueen Partnership, we understand the importance of cash flow for businesses. Late payments can seriously impact your finances and hinder your growth. That's why we offer tailored debt recovery and credit control solutions for businesses of all sizes. Our proven solutions can help you recover your funds and avoid the negative impact of late payments on your business.


Don't let debt recovery myths hold you back. Contact McQueen Partnership today and let us help you recover what you're owed.



#DebtRecovery #CashFlow #SmallBusiness #BusinessTips #FinancialAdvice #NoWinNoFee #ProfessionalServices

By Nathan McQueen December 30, 2024
Practical Credit Control Strategies to Boost Cash Flow and Business Success in the New Year
By Nathan McQueen December 3, 2024
Why Late Payments Spike During the Holidays
£23.4 billion is locked up in unpaid invoices at any given time!
By Nathan McQueen September 11, 2024
Across the UK, £23.4 billion is locked up in unpaid invoices at any given time. That’s a staggering amount, and it’s no surprise that it can cripple even the most well-run business. How Late Payments and Poor Credit Control Are Hurting Your Business—and What You Can Do About It
How to Set Up an Effective Credit Control Process
By Nathan McQueen September 4, 2024
As a business owner, you’re probably no stranger to the importance of cash flow. But even with the best intentions, getting clients to pay on time can be a challenge. That’s where having an effective credit control process comes into play—it’s what keeps your finances healthy and ensures you’re not constantly chasing overdue invoices.
 How to Charge Interest and Late Fees to Protect Your Business
By Nathan McQueen September 4, 2024
As business owners, we all know how frustrating it can be when clients don’t pay their invoices on time. You’ve done the work, but getting paid can feel like a constant struggle. At McQueen Partnership, we work with businesses like yours every day, helping them streamline their credit control processes and get those unpaid invoices sorted.
Two dice on top of a paper that says payment overdue
By Nathan McQueen July 24, 2024
Dealing with overdue invoices is a common yet challenging aspect of running a business. Unpaid invoices can significantly impact your cash flow, making it essential to manage them efficiently and effectively. Here, we'll explore how to handle overdue invoices, how to chase them politely, and what happens if they remain unpaid.
A person is holding dice that spell out the word proactive.
By Nathan McQueen July 1, 2024
Effectively managing overdue invoices requires a proactive approach. This involves anticipating potential delays and taking steps to prevent them before they occur. Here’s a comprehensive guide to proactively chase overdue invoices while answering key related questions.
Who is a Credit Control Manager?
By Nathan McQueen May 7, 2024
A credit control manager is a key figure within any organisation, tasked with maintaining the financial health of the business through effective credit management.
By Nathan McQueen January 9, 2024
Struggling with overdue debts? Explore the benefits and costs of hiring a debt recovery agency in our latest blog. Discover why it's worth considering, what to expect in fees, and how it could streamline your debt collection process.
A purple background with a light bulb and the words good practice
By Nathan McQueen January 4, 2024
In the ever changing world of business, maintaining a healthy credit control system is crucial for long-term success. As we step into the New Year, it's the perfect time for credit control teams to reassess their strategies and adopt healthier habits.
More Posts
Share by: