Our Blog
Everything you need to know about Debt Collection
We update our blogs with impartial and up to date information regularly. You can trust Redwood to provide you all the relevant help and advice on debt collection.
Featured Articles
The truth about debt collection and small businesses
01 March 2024
Find out why, as a small business owner, you shouldn’t be put off getting professional help to recover what you’re owed.
What is debt recovery?
01 November 2021
Managing debtors and chasing overdue payments can be a time-consuming business. If your finance team is over-stretched, it could be time to seek external debt recovery support.
Latest Articles
What can I do if a retention isn't paid?
02 August 2022
Overdue payment retentions can create cash flow problems for all kinds of contractors in the construction industry. So, what can you do to ensure any retention amounts you're owed are released in a timely manner?
What is the smallest debt a collection agency can chase?
21 July 2022
Debt collection agencies are often asked if there's a minimum invoice value that makes chasing a debtor worthwhile. The answer is generally 'no', so it's really up to you whether you want to take things further when the amount involved is small.
Will chasing a debt affect my reputation?
13 July 2022
Putting an overdue debt in the hands of a debt collection agency can feel like a big step, so it's natural to worry about the impact on your good name. However, doing nothing can be just as bad for your reputation.
How debt default can impact an individual's credit score
10 June 2022
Credit scores are an important part of most people's financial health. So, as a creditor, it's important to be aware of how you can leverage that fact to chase an overdue debt.
Our Promise
Recovering a commercial debt can be a journey, but we’re with you every step of the way. You can expect experience, expertise, and total dedication from the moment you contact us.
Our Fees
No Upfront Joining Fee, 15% Typical Commission
Our Services
From one-off commercial debt recovery to regular collections. Whatever your issue, we have a service to match.
