Top UK Debt Collection Agency Amps Up Efforts to Provide Support For UK-US Trade Importers

Federal Management offers expertise to assist US businesses with Debt Collection amidst the COVID-19 pandemic

May 6, 2020 —

As the COVID-19 pandemic rages on across the globe, businesses in nearly all sectors are struggling to stay afloat financially. Debt collection during the pandemic has grinded to a halt in the US due to a federal ban, leaving firms with few options to remain solvent and avoid bankruptcy. But one UK company is using its debt collection expertise to step in to help US Companies with European customers.

Although debt collection has been temporarily banned in the US, Federal Management, an award-winning UK debt collection firm, is offering its services to US companies to assist in recovering debts owed to them by businesses across the UK. Their goal? To help their US partners find some financial relief in these uncertain times.

With the US ban in debt collection in place, many US businesses are turning to international debt collection solutions to keep their businesses open and running in the black. With this increased interest in international debt collection due to the COVID pandemic, Federal Management has seen a spike in the number of enquiries from US-based businesses seeking assistance with debt collection. And the results have been notable: With Federal Management’s help, businesses across the US have successfully recovered hundreds of thousands of dollars from defaulted accounts across the UK.

Federal Management was founded in 2004 and operates under Financial Conduct Authority (FCA) regulations. Because of its status as an FCA regulated key financial services provider, Federal Management is required to continue to provide third party account collection services in spite of the pandemic. The firm is also recognized as a member of the Association of Credit and Collection Professionals International.

The firm has been a choice provider of debt collection services for US companies not only for its stellar reputation in the industry but also for its low commission rates and exceptional service. Federal Management’s commission rates start at 6%, much lower than many American debt collection companies, and the firm also provides a free risk analysis of the debtor upon enquiry.
And for firms looking to collect debts outside of the UK, Federal Management is poised to assist with debt recovery across Europe.

“Businesses across the globe are seeing a sharp rise in unpaid invoices since the onset of the COVID pandemic, making it difficult for them to meet their financial obligations,” said Chris Spencer, Operations Manager. “At Federal Management, we recognize these challenges, and especially those challenges for US businesses due to a debt collection moratorium on US-based debts. We’re stepping in to assist US businesses with collecting debts owed to them from businesses across Europe, offering them some relief during these turbulent times. With the help of our expert advisors, we ensure our clients get what they are owed.”

To learn more or enquire about Federal Management’s Award-winning Debt Collection services, visit https://www.federalmanagement.co.uk/.

About Federal Management
Federal Management was established in 2004. It is the UK’s No1 award-winning, professional B2B debt collection provider. With its industry expertise, suburb customer service, and results that help their partners get paid what they are owed, Federal Management has been trusted by thousands of businesses worldwide to collect missions of dollars in owed debt.

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For more information about Federal Management or for media inquiries, please contact: cs@federalmanagement.co.uk

Contact Info:
Name: Chris Spencer
Email: Send Email
Organization: Federal Management
Website: https://www.federalmanagement.co.uk/

Video URL: https://www.youtube.com/watch?time_continue=1&v=o7oa2PnX9GI

Release ID: 88956275