It is imperative that any business offering its Customers credit knows exactly who they are dealing with. Is your Customer a Limited Company, a Sole Trader/ Proprietor, a Partnership, a Registered Charity? The easiest way to find out is to send your potential Customer an Account Application Form, This Form can also be used to […]
Nearly all businesses are required to offer their customers credit terms, whether the terms offered are 14 days or an eye watering 60 days, there is no guarantee that you will get paid at the end of that period. Banks and Finance Houses can demand personal guarantees and other securities, but most small and medium […]
Carrying out a Credit Search on a potential Customer is imperative, Companies who have been placed on stop with one supplier will seek supply elsewhere. There are other unscrupulous Companies and Individuals who have no intention of paying you for your goods or services from day one. Therefore, unless you are certain that your potential […]
