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Having a robust Credit Control Policy is essential for every business owner, however large or small. As part of this policy, you will need various Credit Control Process Letters to help you manage your payments. At Credebt we are experts in the field of collecting...
Payment Terms Explained: Our MD, Glen Morgan, recently presented the first of a series of webinars on the UK Finance website together with the Small Business Commissioner Paul Uppal. UK Finance is the trade association that was set up in July 2017 to represent the...
Getting your Invoicing system and Payment Terms right can be key to a healthy cash flow. You need to ensure your customers understand how much they need to pay and when they must settle up. They are more likely to pay you on time if these terms are clearly set out in...
Here is an example of a basic Credit Application Form you can use with all of your new customers.
You can work out if your business has overdue debt issues by working out your Days Sales Outstanding (DSO). This is an important indicator of cashflow issues, and when applied regularly can highlight problems before they become too serious. In order to do so you need...
Many firms have gone under because their owners failed to undertake any type of cashflow forecasting exercise. Instead, they naively assumed that because they had orders in the pipeline and some cash in the bank that there was cash to fulfil and deliver those orders...
The Credebt Club We are very proud to present The Credebt Club, the latest addition to our services, specifically aimed at small businesses who are looking to get paid on time, every time. Consistent cashflow is the lifeblood of any successful business, yet many...
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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
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