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Know where

your cash is
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Reduce your

bad debt

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Improve

customer relations

Sterling Credit Management – What we do

Sterling Credit Management has been established to provide the benefits of high quality, cost effective outsourced Credit Control and Debt Recovery services to all sizes of business, from SME’s to blue chips.

Focusing exclusively on business to business ledgers, Sterling Credit Management are able to provide a level of service which until now has only been available to very large organisations. Outsourcing your credit control function to Sterling Credit Management can have a major positive impact on your business, reducing the cost of borrowing or giving access to cash.

Working with Sterling Credit Management will :

  • Reduce debtor days and hence improve cash flow
  • Reduce customer disputes
  • Reduce administration costs
  • Reduce your exposure to bad debt
  • Allow you to concentrate on core business
02
November

BoE rate increased to 0.5%

  • November 02, 2017
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The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and… Read More

03
October

The office of the Small Business Commissioner is expected to be operational by the end of 2017.

  • October 03, 2017
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Secretary of State for Business, Greg Clark, announced the appointment of Paul Uppal as the Small Business Commissioner. The appointment of the SBC builds on the Government’s programme of… Read More

05
June

Duty To Report – Prompt payment the battle continues…

  • June 05, 2017
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Why should SME’s take a good look into outsourcing credit control options early on in the payment cycle process of their business? ….to help avoiding as much… Read More

01
February

Guidance to help large businesses report on how quickly they pay their suppliers

  • February 01, 2017
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Guidance published ahead of measures coming into force in April 2017 to boost transparency of payment practices to help small and medium sized businesses (SMEs) The regulations… Read More

03
October

New measures to support the Prompt Payment Code have been confirmed.

  • October 03, 2016
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New measures to support the Prompt Payment Code have been confirmed in a letter sent to signatories of the code from Small Business Minister, Margot James and… Read More

23
August

Late payment, the domino effect….

  • August 23, 2016
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At least one fifth of UK corporate insolvencies in the past year were caused by late payment or the insolvency of another company, according to new research… Read More

04
August

Employ or Outsource your Credit Control position?

  • August 04, 2016
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Employ or Outsource your Credit Control position? Obviously I will say outsource, but with good reason. Working in an office filled with teams of credit controllers gives… Read More

26
May

Another leading London Accountancy firm chooses to outsource credit control to Sterling

  • May 26, 2016
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Another leading London accountancy firm signs with Sterling. A third leading London Accountancy firm has chosen to outsource credit control and debt recovery to Sterling, this follows a… Read More

25
May

Small business quarterly tax returns?

  • May 25, 2016
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Does the government really understand how business works? This is a question being asked by hundreds of thousands of small firms as we near one of the… Read More

05
May

Enterprise Act becomes law, will it help small firms resolve issues such as late payment?

  • May 05, 2016
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The Enterprise Act includes measures to: establish a Small Business Commissioner to help small firms resolve issues such as late payment include the actions of regulators in… Read More

10
March

SME’s increasingly feeling the strain of late payment in the UK. We provide a simple checklist to help you stay ahead of the game

  • March 10, 2016
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If you do regular business with slow paying clients, you are probably spending much more time chasing payments than you should be. This is not the best use… Read More

14
January

How a growing business benefits from outsourced credit control:

  • January 14, 2016
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Requirement: Challenged with fast business and customer growth, we were approached by this medium sized UK manufacturer with their business needs. One of those being, they wanted… Read More

06
January

Insolvency debt collection

  • January 06, 2016
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Insolvency Practitioners and debt collection. Resource and experience are available to undertake a range of investigations. Sterling work with Insolvency Practitioners to value sales ledgers and to… Read More

07
December

Recruitment sector client – back door placement dispute

  • December 07, 2015
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Settlement increased from 50% to 85% of invoice value. Whilst we’d love to write about all our 100%+ win success stories, some of the others can still… Read More

04
December

Paying for late payment.

  • December 04, 2015
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Leading Computer Software Developer – UK Our client, a supplier of computer software systems provided solutions to a prestigious retailer in London who delayed payment time and… Read More

18
November

UK top 100 accounting firms customer who stopped paying on time

  • November 18, 2015
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Interesting collection history from one of the recent successful debts collected by Sterling. One of our long term clients, a top UK accountancy firm, passed us a… Read More

28
October

How Sterling successfully assisted this financial services company

  • October 28, 2015
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Sterling assisted a financial services company to recover unpaid instalments of loans granted to individuals under a trust. After the claim form was served, all 5 individuals… Read More

15
October

Recruitment debt recovery case history

  • October 15, 2015
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If you are offered a discount for early payment, don’t expect the discount when you pay late! One of our regular recruitment sector clients contacted us with… Read More

15
October

Debt recovery customer from the waste sector

  • October 15, 2015
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Our client who operates in the environmental and industrial waste sector had completed a job where they were instructed to remove waste from a building site comprising… Read More

06
October

Latest Recruitment Sector Debt Recovered

  • October 06, 2015
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Recruitment Sector Debt – Collected! This recruitment sector debt collection success began when our client contacted us having suffered two of their staff being ‘poached’ by a… Read More

02
October

Warning to SME’s chasing late payments

  • October 02, 2015
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SMEs will be disadvantaged in chasing late payments from big business customers the Bar Council has warned. Wealthy individuals and big business will have the upper hand in… Read More

23
September

UK Top 100 Accountancy firms

  • September 23, 2015
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Sterling provides debt collection service to several UK Top 100 Accountancy firms. Recent success story from the accountancy sector: We received the debt this month from our… Read More

11
September

Small Claims Court success

  • September 11, 2015
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Small Claims Court: A Small Claims Court success for our client who performed plumbing works for a large chain restaurant, which subsequently refused to pay on the… Read More

05
June

Vince Cable announces latest plans to tackle late payment by big business

  • June 05, 2014
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Vince cable will announce plans on Friday to force business to publish information about their payment habits in an effort to embarrass big businesses into paying invoices on… Read More

12
May

Increase in UK court fees as from 22nd April 2014

  • May 12, 2014
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Changes to the court fee system in the UK have now taken effect : • Small claims fees for debts over £1,500 have increased. A 10% discount… Read More

27
November

Free Debt Recovery

  • November 27, 2013
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We are able to provide free debt recovery for UK debts. We are able to add our full fee on to your outstanding debt so that your… Read More

05
October

The Jackson Reforms

  • October 05, 2013
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The Civil Procedure (Amendment) Rules 2013, otherwise known as ‘The Jackson Reforms’, come into force in England and Wales on 1 April 2013. One of the key… Read More

What our clients say

Director, Illustration Agency

Since taking on responsibility for our credit control function Sterling Credit Management has reduced our average debtor days by 40%, at the same time reducing our internal admin and retaining our healthy customer relationships.

sterlingdebtrecovery

Director, Printing Firm

Within the first month of service Sterling Credit Management had recovered debts which we had assumed would have to be written off. Their professionalism and dedication means that we can concentrate on growing the business knowing that Sterling Credit Management will ensure our invoices are paid promptly whilst maintaining a healthy relationship with our customers.

sterlingdebtrecovery
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