Euler Hermes Collections - Products & Services
Our collections offering consists of products and services designed to provide the most efficient and effective collect performance for your business. You will find details of these services below.
I - Collections
Around 70% of collected debt is received before any legal action is required. This demonstrates the effectiveness of our collection process with collectors working hard to get money back to you. All stress and hassle free. The escalation points built into our collection process help achieve this success - even for more difficult debts.
Our collections service covers UK and international debts with both pre-legal and legal services provided.
We also offer a tracing service for those debtors who become difficult to track down.
Please call our customer service team to find out more.
II - Final Demand Letter Service
Before even placing a debt with us our final demand letters enable you to write to your debtor with a payment demand while using our name and letterhead. If you like this is used as a last chance to pay before the debt is passed over for our collectors to pursue payment.
You will find that many debtors decide to settle the debt at the stage of receiving the Euler Hermes final notice letter as the power of the Euler Hermes name makes all the difference.
III - Terms & Conditions Review Service
Often poorly written or out-of-date Terms & Conditions mean that you are unable to recover costs and interest to the level that you would like. We can help – working with solicitors our team will review your terms and conditions and advise on how to maximise your entitlement to reclaiming the costs and interest associated with late payment and recovery action from your debtor.
And you will be surprised by our competitive rates for this service.
Euler Hermes Group
