Independent Schools Specialists
FCA regulated
Typical 15% commission
Refer in 3 minutes
Dedicated account manager
Anti-money laundering checks
Our Independent Schools Experience
900+
schools
£50m+
Collections
0.0064%
Complaint rate
Commission only charged on monies recovered
Our rate remains the same whether it takes us a single day to recover your debt or an entire year. It’s in our interest to act as quickly as possible.
All Services
Ancillary Services
Our ancillary services are available to all our clients. If a case requires a specific service such as legal action or debtor tracing, the associated issuing cost will be explained to you before any speculative action is taken and we will require your express instruction before undertaking any fee incurring work.
No collection, no commission
In most cases, our typical commission rate is 15%, and we only charge commission if we successfully collect. Which means we’re fully focused on getting results.
Dependent on our clients’ terms and conditions, or relevant legislation, costs may also be recovered where we are legally able to do so.
Easing the burden
Credit control can be a time-consuming process. For a small business, there simply aren’t enough hours in the day to dedicate to chasing debt, while even larger companies with credit control staff frequently need a hand with stubborn debtors. Which is where a partner with experience, expertise and a persistent, professional approach can prove priceless.
We’re market leaders and the go-to name for credit control guidance and debt collection in the Private Education sector. Proudly representing more than 750 schools and trusts, we have an enviable reputation for getting results. Highly experienced in recommending in right legal action to employ against your debtors, we also ensure you receive regular progress updates through an account manager dedicated to your case.
REDWOOD COLLECTIONS
Refer a debt
The impact of an unresolved debt
Our interactive calculator helps you understand the financial impact of keeping a debt on your ledger and the costs involved in managing or collecting it.
DEBT VALUE
£ 0
£ 50000DAYS OVERDUE
0 DAYS
180 DAYSwhat this debt has COST you to date:
?This figure is based on the estimated cost of in-house debt collection efforts, including staff salaries, overheads and any software/tools used for collections.
What you have already spent trying to service this debt
our COMMISSION: The fee payable to us if we collect this debt where our normal 15% commission rate applies
what we will aim to collect: This is the total amount collectable, combining the original debt amount, any recoverable commission and interest charged at 8% per annum
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