Ko-bolt

B2B Debt Collection

Business to Business Debt Collection

Let us take the heavy lifting out of chasing late payment.

B2B Debt Collection made easy

Business to business (B2B) debt collection can be difficult for businesses of all shapes and sizes, especially when you combine this with the late payment culture that exists in the UK and elsewhere in the world. Furthermore, not all businesses have a dedicated resource for collecting overdue accounts. This could be because they’re just starting out, may only have a small number of manageable customers or they may have so many customers that the resource doesn’t cover them. Whatever the business size, there’s always something better to be doing with your time than collecting overdue invoices.

A new breed of B2B debt collection, we call it debt resolution

Traditionally, involving a debt collection agency can be stressful for the buyer and supplier. It can cause concern about damaging customer relationships and losing vital future business. But, that’s where we come in. We specialise in B2B debt resolution; our approach is firm, but fair. Firstly, we ask the right questions and more importantly, we listen. Then, once we have identified the issues that are causing the payment delay, we work towards agreeing a way forward that works for all parties. Ultimately it’s a business transaction which has gone wrong. It needs to be rectified and we understand that companies owe money but people pay bills. To find out more about commercial debt collection and our innovative approach, visit our dedicated blog.

3 simple steps to getting paid

Register

Registering with Ko-bolt is free of charge, there are no joining fees, annual fees or debt placement fees.

Place your debt

You’ll need to provide us with copies of invoices and/or an up to date statement of account. You can drag and drop these documents into Ko-bolt’s online debt placement tool.

Get Paid!

Provided we have everything we need, we'll get to work within 24 hours and we hope to have resolved the debt within 21 days.

Once we've collected your money, we want you to make use of it, so we remit cleared funds every other week, which is twice the average for the industry.

With so many debt collection agencies in the market, why choose B2B Debt Collection from Ko-bolt?

We're specialists

We don't offer consumer debt collection. By focusing only on B2B debt collection, we can deliver the best service and the best results.

Our approach

Our debt collection process focuses on the buyer-supplier relationship, resulting in swift recovery and the opportunity to engage in future trade.

Customer care

We’re here for you and your business. Ko-bolt’s friendly customer service team is here to help throughout business hours via phone, email and live chat.

Technology

We use specialist email tracking software which allows us to see when an email has been sent, delivered, opened and more importantly how many times, influencing how we approach the customer for payment.

Global resource

Collection services in native language are available in 147 Countries thank to our network of local agents.

Environmental impact

Traditional debt collection uses vast amounts of paper in the onboarding, debt placement and the collection processes. We use email as much as possible to reduce the use of paper and the carbon footprint that traditional post creates.

Straight forward pricing

UK B2B Debt Collection
No Collection, No Commission
10%
  • Fast turnaround
  • Focused on client retention
International B2B Debt Collection
No Collection, No Commission
15%
  • Local agent fees may vary
  • Available in 147 Countries

As a result of the Late Payment of Commercial Debts (Interest) Act 1998 and the The Late Payment of Commercial Debts Regulations 2013, collection costs and interest are payable by the buyer. Therefore, when we collect them, there’s no cost to you. 

Get in Touch

We'd love to hear from you. Reach out today and let's discuss how we can help you to supercharge your cash flow

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