Cash flow is king: good credit control procedures are vital

76% of SMEs have lost money as a result of a customer becoming insolvent, according to a new survey carried out by the credit reference agency Experian. Of these 19% lost between 5,000 and 10,000, with 35% losing 10,000+ over 5 years. 

Whether in good economic times or bad, no small or medium sized business can afford customers who do not pay. Good credit control procedures are vital.

As part of a 2 week promotion Emsleys Debt Recovery Department is offering SMEs the chance to contact us to carry out a credit check against any customer which is a limited liability company.

  • Has your customer only just set up in business?
  • Do they have adverse county court judgments?
  • Do the accounts show them in the red?
  • Who are the directors and shareholders behind the scenes?
  • Who are the secured lenders waiting in the wings?
  • Discuss this and more with one of our Debt Recovery specialists.

To carry out a credit check before 23rd October 2013 or to discuss credit control procedures and Emsleys Debt Recovery Services in general, contact us on 0113 232 1030 or email robert.bates@emsleys.co.uk

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