Nationwide Debt Recovery Agency
First Capitol is an established and fast growing Debt Recovery and Collections Agency in the UK.
Our company has an enviable track record recouping outstanding monies that you are owed
At First Capitol we can take care of the whole collections process from start to finish. Unlike our competitors, we employ highly trained collection consultants who have an excellent understanding and knowledge of the legal collections process. Our aim is to stay one step ahead. Therefore, we take the time and trouble to fully investigate your debtor’s circumstances and in doing so we will leave no stone unturned!
No two debts are the same! We only use bespoke letters!
No two debts are the same, therefore, we do not use generic letter templates which we believe to be a scatter-gun approach. Instead, all of our letters are bespoke and are drafted to reflect your situation. By adopting this approach it not only proves to your debtor that we have a clear understanding of your debt, it also shows that we mean business which enables us to successfully recover nearly all types of undisputed debts.
In addition, our Credit Control team possesses a huge amount of experience that enables us to forge good and strong relationships with your customers. This encourages prompt payment, thus increasing your cash-flow in your business.
We have assisted all kinds of business from small, medium and large companies, sole traders and partnerships to private individuals
Your problem -Our solutions!
We provide comprehensive solutions as we offer nearly all of the associated recovery and collection services under one roof, from; initial investigation of your debtor/creditor to tracing/verifying businesses, doorstep collections and process serving. In addition, should it become necessary, upon referral, our Nationwide panel of solicitors can instigate legal proceedings on your behalf on a No Win – No Fee basis.*
*Subject to an initial consultation. For debts in excess of £10,000
Interest and Debt Recovery Cost Claimed on Your Behalf From Your Debtor!
Under the Late Payment of Commercial Debts Regulations 2013, (which amended the Late Payment of Commercial Debts (Act) 1998 ) suppliers of goods or services are entitled to charge interest 8% above current base rate (8.50%) plus compensation between £40 and £100. In addition, suppliers can recoup from the debtor their “reasonable” recovery cost. We claim these fees from your debtor on your behalf.