Contingency-Only Debt Recovery

Most businesses have £50k–£200k in invoices they've written off. We recover it.

B2B debt recovery for recruitment, construction, and legal. Free audit in 48 hours. Nothing to pay until money lands.

Request a Free Audit 48-hour turnaround  ·  No commitment
ICO Registered
CICM Member
UK GDPR Compliant
No Setup Fees
Commercial Debt Only

Recent outcomes

Recruitment
£54,000
Recovered in 45 days. The agency had written off £60k of a £73k aged debt book.
Construction
£134,000
Recovered in 60 days. £47k had been lost in a debtor's AP system — never intentionally withheld.
Legal
£31,000
Recovered from invoices written off 12 months prior. Three disputed matters resolved without litigation.

How it works

Stop chasing. Start recovering.

Your internal team will always soften the chase. That's not a criticism — it's a structural problem. The consultant who placed the candidate shouldn't be the one chasing the invoice.

We're a named third party. We start with a free audit — no charge, no commitment — then get to work the same day you sign.

1

Send us your overdue invoices

CSV, Excel, or PDF — whatever you have. We review your full book within 48 hours and tell you what's recoverable, what to deprioritise, and exactly what we'd charge. Free.

2

We start the same day you sign

A simple one-page agreement. Your cases are loaded immediately. Automated and manual outreach begins within 24 hours. You get a live dashboard showing every action in real time.

3

Money lands. We invoice on what we collect.

Payments go directly to your account. We invoice our fee only on successful recoveries. Weekly reports every Friday. Nothing hidden, nothing upfront.

Late Payment Legislation

Your debtors may owe you more than the invoice.

Under the Late Payment of Commercial Debts Act, you're legally entitled to claim statutory interest on every overdue B2B invoice — plus fixed recovery costs. Most businesses never pursue it. We do, on every eligible debt we take on.

8%+
Statutory interest above Bank of England base rate on overdue invoices
£100
Fixed recovery costs claimable on invoices over £10,000
1998
The Late Payment Act — a legal right most businesses don't use
6 yrs
Statute of limitations on commercial debt in England & Wales

Common concerns

Questions we get every time

"Won't this damage our client relationships?"

Our approach is professional and calibrated — never aggressive. We contact debtors as a named third-party recovery partner. Most client relationships survive a well-handled escalation. The ones that don't were already under strain.

"What if you don't recover anything?"

You pay nothing. Not a penny in fees, setup costs, or admin charges. Our entire model is contingency-only. If we don't collect, we don't get paid. That's not a marketing line — it's written into every agreement.

"We've already chased these ourselves."

That's the most common situation we're brought into. Internal chasers and a named external firm land very differently with debtors. A structured escalation from a third party signals you're serious. That changes behaviour.

"Are you regulated? What about our data?"

We're ICO registered and process debtor data under UK GDPR as a data processor on your behalf. Every engagement includes a data processing schedule. Your data is never sold, shared, or retained beyond the engagement.

"How do you recover debt that's 90+ days old?"

Most aged debt falls into three categories: genuinely disputed, lost in a debtor's AP system, or intentionally delayed. Each needs a different approach. The audit tells us which is which before we spend time on the wrong ones.

"What's the minimum you'll take on?"

Portfolios from £5,000 total. Individual invoices in a Recovery Sprint from £500. If your portfolio is below this, we'll tell you clearly in the audit rather than take it on and underdeliver.

"We'd written off about £90,000 of it. They came back and said £95,000 of the total was realistically recoverable. Our reaction was: we assumed most of that was gone."

Finance Director  ·  UK Recruitment Agency  ·  £140,000 aged debt book

How we work

One contact. Not a call centre.

Most debt collection agencies are high-volume operations. Cases get pooled, passed around, and deprioritised.

One named account manager throughout

You deal with the same person from the free audit through to the final recovery report. No handoffs, no repeating yourself.

Full visibility, always

Your live dashboard shows every chaser sent, every response received, and your current recovery total. Nothing happens that you can't see.

Weekly reports, every Friday

Recovered this week. Total to date. Cases in active communication. No chasing us for updates.

Our track record

Built on Equisettle — purpose-built debt recovery technology

We run every client case on Equisettle, a purpose-built debt recovery platform that automates chaser sequences, tracks every debtor interaction, and surfaces the highest-probability recoveries first. You get the benefits of enterprise-grade technology without the enterprise price.

60–80%
Typical recovery rate on aged portfolios
48hrs
Free audit turnaround
0%
Upfront cost
£0
Setup fees, ever

Sectors

Sector specialists

We focus on the three sectors where late payment is most persistent and where we understand the debt patterns cold.

Recruitment & Staffing

The UK's highest late-payment sector. Placement fees, temp payroll, and contract invoices sitting 60–90+ days are the norm — not the exception.

  • Placement fee disputes
  • Temp and contract invoice arrears
  • Repeat debtor patterns across consultants
Primary sector

Construction

Retention disputes, slow-paying main contractors, and subcontractor chain delays create some of the most complex aged debt in UK business.

  • Retention and final account disputes
  • Main contractor payment delays
  • Subcontractor chain issues
Sector specialist

Legal

Law firms and barristers' chambers often can't pursue professional clients aggressively. We act as an extension of your practice.

  • Solicitor and counsel fee recovery
  • Disbursement debt
  • Professional client relationship handling
Sector specialist

Pricing

You pay nothing until we collect.

No setup fees. No admin charges. No membership. We make money when you make money.

Recovery Sprint

A focused 60-day campaign on your aged debt — invoices 60 days or more overdue. One-time, no ongoing commitment.

15–18%

60–120 days: 15%  ·  120d+: 18%

Market average: 15–30% + fees
  • Nothing to pay until we recover
  • 48-hour triage and debt scoring
  • 60-day intensive campaign
  • Statutory interest claimed on your behalf
  • Full outcome report on close
  • Minimum: £500 per invoice

Questions

Common questions

How long does a Recovery Sprint take?

Typically 60–90 days. We include a timeline estimate in the free audit response based on your specific debt mix and debtor profile.

What happens if a debtor disputes an invoice?

We categorise disputed debts in the audit and handle them separately. We don't chase a genuinely disputed invoice — we flag it and advise on resolution options. Included in the audit at no cost.

Can I use Fynrec for a single large invoice?

Yes. A single invoice at £500 or more can be taken on as a Recovery Sprint. Submit it through the audit form and we'll assess it within 48 hours.

What does the free audit actually involve?

You send your overdue invoice list. We categorise each debt, estimate what's recoverable and what isn't, and return a written breakdown with our proposed fee. No charge, no obligation.

Do you handle consumer debt?

No. We work exclusively on commercial B2B debt — business-to-business invoices only.

Free Debt Audit

What's in your debt book?

Send us your overdue invoices. We'll tell you what's realistically recoverable, what to deprioritise, and what we'd charge — within 48 hours.

48-hour turnaround. Written breakdown of your full book.

No commitment required. Free regardless of whether you proceed.

No sales call unless you want one. We respond by email.

ICO registered. UK GDPR compliant. Your data is never shared.

Request your free audit

2 minutes. Response within 48 hours.

No commitment. No sales call unless you request one. UK GDPR compliant.

Prefer a call? Book a free 15 minutes