Can Debt Collection Agencies Be Dependable After Their Numbers Have Gone Up During The Recession?

The current financial situation has certainly shown an increase in the numbers of both Debt Collection Agencies and lawyers who specialise in business to business Debt Collection, but is this partly a case of them wanting to get a share of the Debt Collection market? They could well have seen companies complain that they [...]

A Large Business Has An Exemplary Invoice Payment Record For Work Done By A Small Business, But Has Fallen Behind With The Latest Invoice. What Can Be Done?

It must come as no shock that in the recent financial climate some organisations are seeing late payment problems. For a small enterprise that has been providing support for a large enterprise for a long time and has not had any account payment problems, to find that their latest account has remained unpaid beyond the [...]

A Small Company Needs Help From Their Bank After Having Outstanding Accounts, But All They Get Is Their Overdraft Downgraded.

The finance houses do not appear to be dealing with small business clients very well, even dealing with them badly in some cases it seems. In one case the owner of a small business, when the time came to review his overdraft, his finance houses representative advised that he take out a business loan [...]

Finance Houses Lending To Small Companies Seems To Be Either Expensive Or Non-Existent So Can A Small Business Survive When A Large Firm Has Left An Invoice Unsettled?

Maybe it won’t be a case of survival or not if a small organisation cannot get financial support from their bank or are granted support but are charged a high rate of interest, but in the continuing financial climate an unpaid invoice might well be very important in the cash flow of a small organisation. [...]

With The Interest Rate Held At 0.5%, Can The Finances Of A Small Organisation Hold Out When A Large Organisation Is Late Paying One Of Their Invoices?

In the current economic downturn it is not easy for savers to get good interest, but for a small business that would have set aside interest to help keeping them in business, a base interest rate of 0.5% that has prevailed for some time can hurt their finances. When they have performed jobs for [...]

Why Should A Small Business Have Confidence In Debt Collection Software When Lawyers Or Debt Collection Agencies Have Good Debt Collection Records?

When a small enterprise has nurtured a good business relationship with a large enterprise it may come as a shock when the latest invoice for jobs completed[/spin] or equipment delivered remains unpaid after the agreed clearance date, when all previous accounts have been settled well in advance of the final date. If the small [...]

The IMF Has Raised Its Forecast For Economic Growth Which Should Be Good News For A Small Organisation Waiting On A Large Organisation To Pay An Unpaid Account.

The estimate for global growth as produced by the International Monetary Fund (IMF) has risen from 4.0 to 4.5% for this year, which came about mainly from increased growth in Asia in the first part of 2010. There was a warning though, that financial stability might be problematic due to the problems in Greece [...]

G20 Summit Agrees On Deficit Cuts But Can This Influence A Large Business That Is Delaying Payment Of An Invoice From A Small Business?

The G20 result is to cut national budget deficits and also to try and develop economic growth, while an agreement on a universal banks levy was dropped in favour of permitting each country decide their own strategies on this matter. However, the G20 did agree that banks must build up reserves, but over a [...]

Finance Houses Lending To Small Organisations Seems To Be Either Expensive Or Non-Existent So Can A Small Business Survive When A Large Organisation Has Left An Invoice Uncleared?

Possibly it won’t be a case of survival or not if a small firm cannot get financial support from their bank or are granted assistance but are charged a high rate of interest, but in the current financial situation an uncleared invoice may well be very important in the income stream of a small firm. [...]

The Government Funded Banks Have Been Helpful To Small Organisations But They Still Want Them To Be Proficient So They Need A Cost Effective Debt Collection answer.

In the current financial downturn it has been widely reported that banks are either refusing credit to small businesses or are charging high interest rates. The banks which were given the majority of the government funding, RBS and Lloyds claim to have given out credit facilities to the sum of £10.4bn in the first [...]

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