Help for UK exporters to Spain

May 6, 2011 - PRLog -- UK exporters to Spain now have local assistance if their Spanish customers are slow in paying.   Agencia de Cobros Directos is a Debt Collections Agency based on the Costa Blanca, covering the whole of Spain. English owned and managed, they employ native speakers trained and experienced in negotiation and conciliation techniques. Debts are managed through from the early stage (30 days overdue) up to court action if appropriate.  Debts are collected on a ´no win no fee´ basis, meaning that  exporters can engage their services without throwing good money after bad;  if the debt is uncollectable then  nothing is charged.
UK companies can benefit by passing their late payers across to Cobros Directos to manage. There is no need to engage lawyers, and sales people and accounting staff do not waste valuable time chasing bad debtors. Cobros Directos has access to Spanish company databases, and will initially investigate the debtor company to ascertain if they are in administration, or if other priority debts (for example taxes and employee wages) are already registered.   From there, an action plan is devised which ensures that they contact the key decision maker for payment proposals.  
Agencia de Cobros Directos instructs the debtor to pay directly to the creditor and not to the Agency.   An invoice for the commission on payments made is issued once the money is in the client´s bank. Commission rates vary depending on the age and the amount of the debt, and are usually between 15% and 20%. But commission is charged on a ´no win no fee´ basis, so there is no additional monetary risk to the exporter. Alternatively, the agency can agree lower commission rates if an initiation fee of €150 is paid for the first stage investigations.
The Agency usually takes a case for 3 months, and if no payment is made during this time then a report is produced for the client, together with proposed next steps.
Companies benefitting from these cross border services vary greatly, and currently include several logistics firms, clothing manufacturers, a vehicle parts exporter, a linen wholesaler and a footballers´ agent.
Potential clients can call or email for no obligation advice about their Spanish debtors.

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Debt Collections Agency based in Spain. Collects debts on behalf of exporters to Spain from any European country. No win no fee , contact us for no obligation advice if you have Spanish bad debtors .