In The Present Recession Can A Small Enterprise Afford Costly Debt Collection Tactics When A Large Enterprise Has Left An Invoice Unpaid Beyond The Final settlement Date?

Posted by Jamie Collins under Loans

The recession has brought about much financial constraint not least by the banks when it comes to lending support to small organisations in the UK and with the national debt now over £122bn, it might seem ludicrous that banks have made big profits and can continue their generous bonus handouts, but are unwilling to lend [...]

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Does Commercial Debt collection Have To Be An Expensive Operation For A Small Firm With An Unpaid Account At A Large Firm?

Posted by Jamie Collins under Loans

In the current economic downturn, when a small business has been providing services or goods to a large business on many occasions, it could be a shock when their last invoice has not been settled by the agreed last authorisation for payment date. If the large business has kept up a good settlement record in [...]

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