Updated October 2026 · Fraser Bond
Business · Debt recovery
Recovering business debts
The process
Uses the reference base rate for the relevant six-month period. Check the current rate.
Frequently asked questions
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Handy tools
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Can I charge interest on late invoices?
Yes, under the Late Payment of Commercial Debts (Interest) Act 1998.
What about commercial rent arrears?
Landlords may use CRAR, forfeiture or court action.
Commercial landlord with arrears?
Our management service includes rent collection and arrears handling.
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