The Money Collectors - Debt Collectors Franchise

SOMETHING NEW

The Money Collectors is something genuinely different in the UK marketplace: a debt collection franchise. After launching in 2021, we soon became the preferred supplier of debt collection and services to the British Franchise Association with our tried-and-tested automated process. In 2023, we launched ourselves into franchising.

At a time when outstanding debt is higher than ever, our concept—developed by our owner, who has almost 40 years of experience in this field—offers franchisees a recession-proof business that stands out due to relatively low competition and a fantastic ROI.

As the preferred supplier to the B.F.A. and a partner of the Quality Franchise Association, you can join us as a franchisee, knowing you’re with a quality business unique in what it offers you and its clients.

EXPERTS IN A SPECIALIZED FIELD

We collect debts across a wide range of business sectors. It means we positively impact cash flow and help reduce bad debt at a time when UK corporate debt is rising and personal debt stands at a staggering £1.8 billion (The Money Charity, June 2023),

As Britain’s first-ever debt collection franchise, we specialize in franchising, building and construction, professional services, and landlord & tenant debt.

Our Head Office team has years of experience at your disposal whenever you require backup, advice, or general support. Your success not only improves your life but also contributes to the overall growth of other franchisees in the network.

Trained staff and managers can run the business for you, freeing you up to find the work-life balance that suits you, and hone your negotiation skills.

FRANCHISEE SUPPORT

The Money Collectors runs its own Training School to teach you how to succeed as a debt collector working under our brand.

We’ll ensure you gain all the knowledge required to run a debt collection agency, prospect and sell your services and, of course, how to deal with clients and debtors.

Our training also brings you a comprehensive toolkit, including:

• Lead generation
• Client onboarding
• CRM system
• Reporting
• All legal services
• Staff recruitment and training
• Agency setup

Your six-day training course (hotel accommodation, food and travel all-inclusive) consists of two three-day parts at our Head Office:

1. The first three days are for initial training, focusing on Setup, running the CRM system, attracting clients, debt collection, effective reporting, legal services and marketing & PR.
2. The next three days come after your business is up and running. You’ll look at advanced debt collecting, the Psychology of Collections, Q&A/shared experiences and roleplay.

This is followed up with continuing 9am-5pm support every day from when you commence business.

You will also receive our Operations Manual and other training materials.

FRANCHISEE REQUIREMENTS

A sound financial background is required, though no previous experience in debt collection is necessary.

You should be numerate, good with people, and an excellent listener and decision-maker.

A TYPICAL DAY AS A FRANCHISEE

Your primary duties as a franchisee include prospecting for business, networking, dealing with clients and debtors, communicating via phone and letter, admin., accounting and reporting.