About Our Debt

Recovery Services

Debt recovery is no longer the heavy handed, leg breaking, business that it was associated with some years ago. Debt collection nowadays is like any other respectable business.

Any business that gives credit in this day and age will, at some time, have a problem, whether they offer credit for goods supplied, or for services rendered. How many businesses would offer unsecured loans to companies or individuals? Because that is what they are basically doing.

About Essjay Commercial Investigations
Having been involved in the business of debt collection for a number of years, Stanley Silver realised that there was a hiatus in the debt collection business for a reliable collection service and consequently, he set up Essjay Commercial Investigations, also known as E.C.I. in 1991, mainly to act on behalf of Insolvency Practitioners, by assisting them in the collection of book debts that were owed to companies that had been placed into Liquidation, Receivership, and Administration.

Almost immediately, E.C.I. was asked by several sole traders and companies to act on their behalf in the collection of outstanding accounts, and to negotiate a program of repayments for slow payers.

Our Fees
Although Essjay Commercial Investigations generally act on a contingency basis, “no collection – no commission”, we are quite happy to work on an hourly rate; and it will be up to the client to decide which alternative is acceptable and E.C.I. will agree and comply. A Form of Instruction will need to be completed which will include commission or hourly rate, and the client’s agreement to our General Conditions.

Advice on Credit Control is usually charged at an hourly rate.

Our Experience
Following our expansion, in October 2003, Essjay Commercial Investigations incorporated to become Essjay Commercial Investigations Ltd.

As a professional debt collection agency, our services are designed to give you confidence in your transactions, with the secure knowledge and assurance that you have the full back up and expertise of a Company licensed by the Office of Fair Trading, should the need arise.

We are able to offer advice on every aspect of a company’s credit control, from terms and conditions to pre-sale account vetting, and status reports, through to assisting in resolving cash flow problems, when accounts become overdue; whilst still maintaining the goodwill that has been built between yourselves and your customers.