Debt collection for Small Businesses
- Solving debt collection cases
- Solving disputes
- Drafting solid contracts
- Assistance with bankrupt customers
- Temporary outsourcing of credit or debt managers
Debt collection for SME's
Small and medium businesses are the heart of many economies. Having an unpaid invoice can impact your business and potentially cause financial instability for your organisation. We regularly see many SMEs who have to deal with customers who either pay too late or refuse to pay at all. While you have worked hard for the payment you are entitled to, you deserve to be paid. We know it is extremely frustrating and unfair to spend your valuable time chasing a debtor while facing financial consequences or even bankruptcy.
In order to prevent your organisation from ending up in financial difficulties, it is important to act fast when dealing with outstanding invoices. For many SMEs, this is not always feasible. Collecting outstanding invoices is often a secondary task, alongside all the other administrative work. Moreover, there is not always a specialist in the field of debtor management.
Specialist in debt collection for small businesses
Bierens Debt Recovery Lawyers assists small and medium businesses with the collection of their outstanding invoices. We specialise in the collection of business debts. Over the years we have assisted various companies across the globe with their debt collection cases. We know better than any other party how to recover your invoice as fast as possible. While we deal with your debtor, you can focus on what matters for your business.
What other SME's have to say:
HAGER & MEISINGER
Blowfish Investments – Lemberg Wine Estate
Question of principle? Then we support you 100%
When a business owner delivers goods or provides a service, it’s expected the owner will be paid properly. We think it is extremely unfair if this does not happen. A debtor should not be able to get away with non-payment.
It regularly happens that clients want to start legal proceedings despite the fact that the costs are higher than the expected results. We understand that. We will always give you honest advice about the expected costs. If you still wish to litigate, you will have our ongoing support. Sometimes we even go a step further, since we can act against a debtor at our own risk and expenses. We find it unprecedented if we keep encountering the same debtors with our clients. We see it as our duty to intervene in such cases. After all, invoices should be paid.
The best debt collection strategy for your business
We fight for JUSTICE
We do not give up until your invoice is paid!
At Bierens your debt collection case is in good hands. We understand that an outstanding invoice is extremely frustrating and that you want to recover the amount as soon as possible. That's why we never give up. Our specialists do not close the case after placing one phone call or by sending a standardised demand letter. We customise our approach completely to your debtor and keep going until the payment is made.
Better payment agreements between SMEs and multinationals
Not only do we assist small businesses by relieving them of the debt collection process, but we also actively contribute to improving the payment behaviour between companies. Invoices should not only be paid on time but clear and reasonable payment agreements should also be made. In our debt collection practice, we see a large number of multinationals who do not comply with these agreements, delaying the payment term even further. Many small businesses are burdened by poor payment agreements with large multinationals. In our opinion, we find this unacceptable.
Should legal action be necessary, then we can also litigate on your behalf. Since we are a debt collection law firm, our lawyers are members of nationals and international Bar Associations. This means that our advice and litigation processes are always based on ethical codes according to the latest legal standards.
How does debt collection for small businesses work?
Transfer your case via our online web portal. Enter your details, the details of your debtor and information about your invoice and we will start processing your case immediately.
You will receive a confirmation in which your caseworker indicates that your case has been accepted. Some practical matters concerning the contact with your debtor will also be shared.
Your debtor will receive a customised payment reminder the following working day, requesting them to pay the outstanding amount as soon as possible. Since we know you are anticipating the payment of your invoice as soon as possible, we give your debtor little room to delay the payment much further.
Together with you, we determine the next steps in your debt collection case. With us, debt collection is always customised, and your wishes determine our approach.
If there is no immediate payment or if your debtor cannot be reached, then our debt collection lawyer will not give up just then. We have the resources and measures to locate your debtor no matter where they are hiding for both national and international cases. We do not stop until your debtor responds and pays the invoice.
The out-of-court debt collection procedure ends if:
- Your invoice has been paid in full. This is the case in 95% of all debt collections that we solve.
- We have agreed on a payment arrangement with your debtor.
- Or, the debt collection process continues in the legal phase. We then go to court to recover your payment.
Debt collection procedure for small businesses
Upload your debt recovery matter online
We action your matter immediately
We send a demand letter to your debtor immediately
Together we determine our approach
View your case 24/7 at our online portal
Questions? Your contact is always there to assist
Your unpaid invoices are paid
Get your free consultation with our experts
Do you have a question for one of our experts? Feel free to give us a call or fill in the contact form and we will contact you as soon as possible.