When businesses operate across borders, unpaid invoices can become a serious challenge. Many companies struggle to recover debts, facing unresponsive clients, legal complexities, and financial strain. At Payfor, we specialise in global commercial debt collection, ensuring businesses get the money they are rightfully owed. Below are four real-world examples of how we successfully collected B2B debts for our clients.
1. Recovering Debt from an Australian Company for an Indian Software Developer
An Indian software development company faced an unfortunate situation where an Australian client failed to pay for delivered digital assets. Despite fulfilling all contractual obligations, the Indian firm found themselves chasing payment with little success.
How Payfor Solved the Issue
- We initiated discussions with both parties to understand the situation.
- We mediated between the Indian developer and the Australian company, ensuring a fair resolution.
- After persistent negotiations, we structured a repayment plan, allowing the Australian company to pay in instalments.
- The Indian company received the full amount, recovering their hard-earned revenue.
2. Settling an Outstanding Debt Between a Welsh SaaS Business and a London Financial Services Firm
A SaaS company in Wales found itself unable to collect payments from a London-based financial services company. The debtor refused to respond to calls, creating a frustrating deadlock.
How Payfor Solved the Issue
- We persistently chased the debtor using our structured collection process.
- Our team negotiated with the debtor, securing a substantial settlement.
- The owed amount was successfully collected and transferred to our client.
- The SaaS company was highly impressed with our efficiency, stating, “Thanks very much. We’re hugely impressed by your success.”
3. Securing Payment for a Ukrainian Software Company from a Saudi Commercial Property Firm
A Ukrainian software company completed all contractual work for a commercial property company in Saudi Arabia. Despite offering settlement discounts, the Ukrainian firm still failed to secure payment.
How Payfor Solved the Issue
- Our team meticulously analysed the case and engaged with the Saudi company.
- Initial email correspondence resulted in poor communication and no payments.
- A final negotiation call, handled by an Arabic-speaking Payfor executive, changed everything.
- The conversation grew heated, but in the end, both parties reached an agreeable settlement.
- The Saudi firm paid the debt, and the Ukrainian company recovered their funds.
4. Collecting Overdue Payments for a Portuguese Recruitment Company
A recruitment agency in Portugal was owed money by multiple clients across the UK, Portugal, and Germany. The company faced difficulties in recovering funds and sought professional assistance.
How Payfor Solved the Issue
- We initiated our 30-day chase campaign, using email and phone follow-ups.
- 80% of the outstanding debt was collected promptly.
- For the remaining amount, we leveraged our network of legal experts.
- In Germany, our trusted legal partners successfully recovered the unpaid funds through legal proceedings.
Why Choose Payfor for Your Commercial Debt Collection?
At Payfor, we specialise in global B2B debt collection, ensuring businesses recover outstanding payments with minimal hassle. Our proven 30-day Chase Campaign includes:
- Weekly emails and daily calls to debtors.
- Persistent follow-ups to encourage voluntary payments.
- Multilingual support to handle international debt recovery effectively.
- A seamless transition to legal action if required.
If you are dealing with overdue invoices and unresponsive debtors, we have the expertise and resources to help. Let Payfor take the stress out of debt collection. Get in touch today!
