Debt Recovery, Business Debt Collection, Company Credit Check
The commercial world is tightening its belt. Major Banks are reporting a growing number of British firms have fallen behind with their repayments. Business debt collection is more important than ever to prevent cash flow issues. This has led to larger companies getting more aggressive and
1) forcing extended credit terms on suppliers
2) demanding discounts on already agreed prices
3) demanding settlement discounts for just paying on time
4) Imposing retrospective rebates for goods already delivered.
5) Using late payment as an easy way of funding their own cash flows.
These are extremely worrying developments for the whole business community.
It is now more important than ever for small businesses to protect themselves and ensure invoices are paid on time ensuring a company credit check
is carried out.This will help them avoid potential cash flow problems,
which, if not addressed quickly could result in the ultimate closure of
their business.
An internet based service to help victims of late payments
called DUE2PAY LIMITED has been specifically designed to help these
companies recover their overdue invoices, without the need to go to
court or traditional debt recovery
methods. It acts to share information on companies identified as late
payers by fellow members, giving them the opportunity to make more
informed decisions in dealing with a particular company.
The service is offered free on a 60 day trial, after which, normal membership fees will apply. If you are interested please contact DUE2PAY.CO.UK