A recent report showed that over 63% of small Businesses are battling late payment issues however this can be minimised with a pro active B2B Debt Collection service. The UK’s smallest Businesses are at risk of dealing with non payment of invoices according to a report from Hitachi Capital Business Finance. Other Research also […]
Dealing with Business Late Payment Excuses Getting clients to pay what they are due and on time is proving difficult for many business owners, and with that comes a variety of excuses clients present for the late payment. Although many may be genuine issue, it may just be an excuse so it is essential […]
Top tips for getting your Business paid If you are in business, then in all probability, you will have experienced late-paying customers or even customers that point blank refuse to pay anything at all. A recent study conducted by the National Federation of Independent business revealed that over 60% of small businesses have outstanding invoices […]
If you are owed money by a company is England or Wales then it really does pay to do your homework. There are a range of Debt Collection options available to you for recovering a debt from a company however you should be looking for the most cost effective, professional option that will get […]
UK Businesses First Choice for Debt Recovery FREE NO OBLIGATION DEBT RECOVERY QUOTE Federal Management are only a phone call away, 0800 043 6922. Debt Collection can be a daunting and time consuming project, especially when several of your clients are behind on their payments. Potential losses can be incurred if your payments are not […]
Are you in control of who you give credit to? Read this quick guide to help you check new customers and avoid cashflow disasters. Whether you are lending for 30, 60 or even 90 days, it can have a massive impact on your cashflow if customers are late to pay. This lack of cashflow can impact […]
Disputes can arise in many aspects of everyday business life and finding a fair resolution should be the objective of both parties. Easier said than done… Raising a ‘dispute’ can simply be a stalling tactic or a way not to pay for some unethical individuals. How you deal with this is your choice and as […]
When you are seeking a debt collection solution it is essential that you apply due diligence. There are over 400 Debt Collection Agencies in the UK so it pays to be diligent when seeking a debt recovery solution. You will find that only a small percentage can actually assist you or your business. Debt Collectors […]
The Importance of Commercial Debt Collection Getting paid by your customers is absolutely crucial to your businesses cash-flow, slow and non paying customers can have serious impacts and not getting paid can quite literally put you out of business. If your customers are not paying then you should consider a commercial debt recovery plan to […]
Even with diligent credit control and robust Debt Recovery, it cannot prevent a customer from going into Administration. Fortunately, it only happens with a small minority but it can still pay to be aware of the facts relating to administration. You may also still get some money back so all is not lost. It may just […]