When you are trying to track down someone who owes your company money, you may find that from time to time finding a debtor is almost impossible. The good news is that there are ways in which companies can support you to find individuals who’ve moved house or have tried to escape paying you back. […]
Is debt something you are concerned about as a business owner or individual? No matter what type of business you own or operate, there have been many challenges to overcome in recent years. As a business owner, you no doubt want to do all you can to keep your business afloat no matter how challenging […]
Navigating debt enforcement’s financial labyrinth can feel like an arduous test of patience and resilience. You know what you’re entitled to what you’re owed, but when the other party isn’t paying up, it can quickly leave you feeling lost. No amount of emails, unanswered emails, or legal pressure can feel like it’s getting productive results, […]
You have options when it comes to how you may want to collect or cash out on invoices that are owed to you and your business. Both can be simple to deploy and help out your business cash flow than other options. There is some inherent risk with either option when considering factoring vs invoice […]
This law is in place to help suppliers know what their rights are when it comes to late payments and what they can actually end up charging. This helps to keep yourself compliant regarding handling overdue invoices. At the same time, it may also be a good idea to employ the services of a debt […]
As a business owner, you may find yourself in times of difficulty when you are unable to meet deadlines for payments due to unpaid invoices. The good news is there are many ways to overcome this issue, such as invoice financing. This funding option is used by business owners around the world and gives you […]
Invoicing is part and parcel of how a business operates. It is how you receive payment for the goods and services you deliver, and invoices are an essential part of the accounting process and record keeping. For many business-to-business transactions, there are two common types of invoices: a proforma and a commercial invoice. Both play […]
Commercial debt recovery, also known as B2B (business to business) debt collections, are terms used to describe the methods and process of collecting outstanding debts or overdue invoices, i.e., recovering money that a business customer may owe another business for a product or service they have received. However, business-to-business can be complicated, especially when it […]
Are you looking to step your business up a gear? Do you need a cash injection to support your long-term plans? Do you need to purchase/hire new equipment or technology infrastructure to support ongoing growth? Capital is essential to meeting the ongoing demands of everyday business operations. If you’re looking for financial support for your […]
Invoice factoring offers many benefits to business owners who may be struggling with concerns surrounding debt. As a result of this process, you may find you can avoid a massive debt and put yourself in a stronger financial position. Today we’re going to discover some of the top reasons that companies opt to factor invoices. […]