Blog and News
Stay up to date with all the news and announcements from Credebt, hot off the press!
We post regular articles with industry advice
you can’t afford to miss out on
COVID-19 and its potential impact on IF companies
In these unprecedented times, we thought it was important to highlight some of the key issues that IF Providers and their clients are likely to experience over the coming months. We expect the following to be issues that need to be controlled:1: Non or delayed...
Credebt recognised in the Parliamentary Review
At the end of last year, our MD Glen Morgan was asked to contribute an article to the Parliamentary Review, which aims to raise the standards by showcasing best practice to the UK’s leading policymakers and executives. Glen: "They wanted my expert opinion on the...
We welcome Terry Pugh to the Credebt Team
Welcome Terry! We are delighted to announce that as of this month, Terry Pugh has joined the team at Credebt as Director for London and the South East. Terry is an ACCA qualified accountant with over 10 years of experience working in a large London restructuring...
Managed Exits
A Managed Exit is any exit that is controlled, monitored and facilitated in a way that causes the minimum of disruption but also ensures you get repaid in full. As an Invoice Finance provider, you will always have Clients who, for whatever reason, no longer fit the...
How to spot Fraud
As an Invoice Finance Funder you are highly susceptible to fraud and it is essential that you know how to spot fraud. Thankfully, overt fraud is rare but it can take many forms and can be difficult to detect if you don't know what to look for. Moreover, you need to...
Invoice Finance – the truth
Mention the words Factoring or Invoice Discounting and many a business owner has been known to cower into the corner. The very thought of considering either form to inject some cash into the business fills them with doubt and apprehension. But, is this ‘stigma’ just?...
Credebt Fundamentals of Book Debts
Attention Funders: it is essential to get the fundamentals of Book Debts right from the start, as this will make a big difference in getting paid on time, and in maximising realisations in case of a Collect Out. At Credebt we have many years of experience in dealing...
The 3 biggest mistakes Insolvency Firms make with Debtors
Find out the 3 biggest mistakes that Insolvency Practitioners make when dealing with Debtors, and how to avoid them by working with Credebt.
How to safeguard your funding
Here at Credebt we know that most Invoice Finance Companies have one burning question: is our Funding safe? The good news is that the answer to that question can be a resounding YES, if you follow the correct procedures and get us to help you. And if the answer is NO,...
The 7 steps to reducing debtor days
Two of the main challenges that businesses face today are late payments of outstanding invoices and bad debt. Both can lead to cashflow difficulties which could have a severe impact on any business, regardless of size. Here we share 7 steps to effectively reduce your...
Have you got a Credit Management Process?
Every business needs a robust Credit Management Process so that they get paid on time, every time. It doesn't have to be complicated, but it does have to be followed every time. That way you get the best results. Here is an example of a basic Credit Management Process...
5 Steps to improve a Collect Out
As an Insolvency Practitioner, you will have 2 main concerns: Getting as much of your fee paid as possible without the need to write off Work In Progress. You work extremely hard for your fees, so jobs where you have to write off WIP are disappointing, especially...
testimonials
I have instructed Glen and his team on several matters and he has always achieved the desired results.
He has moved quickly to maximise the realisations in difficult circumstances, and I would therefore recommend his and Credebt’s services highly.
I have instructed Credebt on several matters with our clients and have always been happy with the results. Their support and solutions for clients, who have a variety of issues and challenges, have always been of great benefit to them and to us.
I would recommend Credebt’s services to any Funder regarding Collect Outs and in Life Support for trading businesses.
I’ve worked with Glen and the team at Credebt on a number of assignments and they have consistently impressed, moving quickly and efficiently to preserve and maximise value for creditors.
I wouldn’t hesitate to instruct them again and would be happy to recommend their services.
some of our clients
our offices
Bristol Office
Credebt Ltd
Trym Lodge
1 Henbury Road
Westbury-On-Trym
Bristol
BS9 3HQ
Manchester Office
Credebt Ltd
2nd floor
3 Hardman Square
Manchester
M3 3EB
London Office
Credebt Ltd
Hamilton House
Mabledon Place
London
WC1H 9BD
Credebt Limited: Registered in England Number: 6933734 Registered Office: Trym Lodge, 1 Henbury Road, Westbury on Trym, Bristol BS9 3HQ
Data Protection License Number: Z1837677 | Credit Services Association Membership number: 804