Debt Recovery for Sole Traders
FCA regulated
Typical 15% commission
Refer in 3 minutes
Dedicated account manager
UK-based call centre
Our Sole Trader Experience
5,000+
We've helped hundreds of clients like you to recover debt
£16m
Monies recovered for our sole trader clients
38 days
Average time taken to recover unpaid debt for sole traders
Commission only charged on monies recovered
Our rate remains the same whether it takes us a single day to recover your debt or an entire year. It’s in our interest to act as quickly as possible.
All Services
Ancillary Services
Our ancillary services are available to all our clients. If a case requires a specific service such as legal action or debtor tracing, the associated issuing cost will be explained to you before any speculative action is taken and we will require your express instruction before undertaking any fee incurring work.
No collection, no commission
In most cases, our typical commission rate is 15%, and we only charge commission if we successfully collect. Which means we’re fully focused on getting results.
Dependent on our clients’ terms and conditions, or relevant legislation, costs may also be recovered where we are legally able to do so.
Debt Recovery Services for Self-Employed Professionals
Sole traders often face cash flow pressure when clients delay payment or ignore invoices. Our debt collection services for self-employed professionals are designed to take the burden off your shoulders, using a firm but fair approach that preserves your reputation. Whether you're dealing with a single overdue invoice or multiple late payments, we provide the support and clarity you need to move forward.
Every sole trader’s business is different, which is why we offer a personalised recovery service that fits your way of working. From friendly payment reminders to legal escalation if needed, our team works with you to resolve outstanding debts efficiently. You’ll always deal with a real person who understands your challenges and keeps you informed from start to finish.
Why Sole Traders Choose Redwood Collections
Debt Recovery for Sole Traders
Helping self-employed professionals recover unpaid invoices efficiently while protecting your reputation and business relationships.
Flexible Collection Strategies
We adapt our approach to suit the size and nature of your business, supporting you with the right balance of firmness and professionalism.
Clear Communication Throughout
Stay informed at every step of the process with transparent updates and clear timelines designed to give you peace of mind.
One-to-One Support
Work directly with a dedicated collections expert who understands the pressures sole traders face and provides guidance every step of the way.
No Collection, No Commission
Our service is success-based, so you only pay when we recover your outstanding debt. Any additional costs, such as legal or tracing fees, are discussed in advance so there are no surprises.
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The impact of an unresolved debt
Our interactive calculator helps you understand the financial impact of keeping a debt on your ledger and the costs involved in managing or collecting it.
DEBT VALUE
£ 0
£ 50000DAYS OVERDUE
0 DAYS
180 DAYSwhat this debt has COST you to date:
?This figure is based on the estimated cost of in-house debt collection efforts, including staff salaries, overheads and any software/tools used for collections.
What you have already spent trying to service this debt
our COMMISSION: The fee payable to us if we collect this debt where our normal 15% commission rate applies
what we will aim to collect: This is the total amount collectable, combining the original debt amount, any recoverable commission and interest charged at 8% per annum
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Click here to fill out our quick and easy form
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