Late Payment – Page 4 – Churchill Recovery Solutions

Jan 25 2020 25th January 2020 15th January 2020 No Comment by admin

‘Buy now, pay later’ credit options pushing consumers into high-cost debt

Posted in Business Debt, Cash Flow, CCJ, Charging Order, Chasing Payments, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Debtor, Debts, high-cost debt, Insolvency, pay later, Recover Payments, Recover Your Debts, Recovering Debt, Small Businesses, SMEs

Buy now, pay later loans have been around for many years, but recent deals have been accused of pushing young consumers into unaffordable debt. Buy now, pay later credit allows consumers to acquire items without paying for them upfront, instead they spread the cost over a set period of time. Sometimes referred to as shop…

Tags:Business Debt Buy now CCJ Churchill Recovery Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips high-cost debt Late Payment pay later Recover Payments Reduce Late Payment Small Businesses

Jan 15 2020 15th January 2020 15th January 2020 No Comment by admin

How and why your business should consider tightening up its credit terms

Posted in Churchill Recovery, credit terms, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Debts, Insolvency, Late Payment, Late Payment Interest, Late Payment Law, Recover Your Debts, Recovering Debt, Small Businesses, SMEs

Tightening up your business’ credit terms could help to save you time and money on chasing up late and non-paying customers. Businesses across the UK are facing serious financial consequences due to the late payment culture that is leaving them waiting months for the money owed to them. If you’re struggling to get your invoices…

Tags:Business Debt Churchill Recovery credit terms Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Debt Recovery Late Payment Late Payment Policy Late Payments Payment Terms Recover Payments Recover Your Debts Small Businesses

Dec 22 2019 22nd December 2019 11th December 2019 No Comment by admin

How to improve your business’ cashflow at Christmas

Posted in Business Debt, business' cashflow, CCJ, Chasing Payments, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Insolvency, Late Payment Interest, Late Payment Law, Late Payment Policy, Recover Payments, Recover Your Debts, Recovering Debt, Small Businesses, SMEs

Use the tips and advice in this blog to help your business to maintain a healthy cashflow this Christmas. Most businesses will experience some level of seasonality over the Christmas period. For many retail and catering businesses it is their busiest time of year, but for businesses in other industries, sales can come to a…

Tags:business' cashflow Churchill Recovery Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Debt Recovery Late Payment Late Payment Policy Recover Payments Reduce Late Payment Small Businesses UK debt levels

Dec 11 2019 11th December 2019 11th December 2019 No Comment by admin

Why do so many people get into debt over Christmas?

Posted in Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Debts, Insolvency, Late Payment, Late Payment Law, Recover Your Debts, Small Businesses, SMEs

The demand for debt recovery services is expected to surge in the new year as businesses struggle to collect money owed by customers who have fallen into debt over Christmas. A 2017 article in the Independent found that more than three quarters of UK families with children make financial sacrifices at Christmas in order to…

Tags:Christmas On Credit Churchill Recovery Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Late Payment Recover Payments Recover Your Debts Reduce Late Payment Small Businesses UK debt levels

Nov 07 2019 7th November 2019 7th November 2019 No Comment by admin

What is the difference between bad debt and doubtful debt?

Posted in Avoiding Debt, Business Debt, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Debtor, Late Payment, Late Payment Law, Recover Your Debts, Recovering Debt, Small Businesses, SMEs

Knowing the difference between bad debt and doubtful debt can help to prevent financial loss to your business. Today’s uncertain economic climate is having a negative effect on UK business payment practices, with a recent study finding that 35% of invoices remain overdue on their due date. Late or non-payment of an invoice is an…

Tags:Business Debt CCJ CCJ Difficulties Churchill Recovery Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Debt Recovery doubtful debt Late Payment Reduce Late Payment Small Businesses

Oct 20 2019 20th October 2019 3rd October 2019 No Comment by admin

3 common late payment excuses and how to handle them

Posted in Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Debts, Indebted SMEs, Late Paying Client, Late Paying Customer, Late Payment, Late Payment Interest, Late Payment Law, Late Payment Policy, Payment Plan, Payment Terms, Recover Payments, Recover Your Debts, Recovering Debt, Small Businesses, SMEs

Learn how to deal with these three common late payment excuses efficiently to get paid quicker. If your client is constantly deflecting your requests for payment and you’re beginning to worry that your invoices are never going to get paid, it’s time to tackle the problem head-on. Before you make another phone call to chase…

Tags:Business Debt Churchill Recovery Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Debt Recovery Late Payment Late Payment Policy Late Payments Recover Payments Reduce Late Payment

Sep 15 2019 15th September 2019 3rd September 2019 No Comment by admin

How to create invoices that get paid quicker

Posted in Avoiding Debt, Business Debt, Churchill Recovery, Invoices, Invoicing

Getting paid promptly for the products and services you’ve provided shouldn’t be difficult, but unfortunately it often is. The UK’s late payment culture means that many SMEs are having to wait far longer than they should to receive payment from their debtors. Unpaid invoices can have a negative effect on a business’ cash flow, slowing…

Tags:Business Debt Churchill Recovery Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips invoices Invoicing Late Payment

May 20 2019 20th May 2019 1st May 2019 No Comment by admin

Rent arrears prevention tips for landlords

Posted in Business Debt, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Payment Plan, Payment Terms, Recover Your Debts, Recovering Debt

Landlords should protect their cashflow by putting processes in place to reduce the risk of tenants falling into rent arrears. When a tenant misses a rent payment or pays late, it can cause serious financial problems for their landlord. Late payments have a negative impact on landlords’ cash flow, which can cause problems with paying…

Tags:Churchill Recovery Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Late Payment Rent arrears prevention Rent arrears prevention tips

Apr 20 2019 20th April 2019 10th April 2019 No Comment by admin

Tips for encouraging customers to pay on time

Posted in Business Debt, Chasing Payments, Churchill Recovery, Creditors, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Debtor, Debts, Insolvency, Late Payment, Late Payment Interest, Late Payment Law, Late Payment Policy

Late payments can have a dangerous knock-on effect to your business’ cashflow, as well as costing you time and money to chase them up. The safest way to do business is always to take money upfront. Failing this, it’s important to take whatever measures you can to encourage customers to pay you on time, every…

Tags:Business Debt Churchill Recovery Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Late Payment pay on time Reduce Late Payment

Jan 12 2019 12th January 2019 4th January 2019 No Comment by admin

Recovering Debt from Outside Within the EU

Posted in Brexit, Business Debt, Chasing Payments, Debt Collection, Debt Collection Agencies, Debt Recovery, Debt Recovery Processes, EU, Insolvency, Late Payment, Recover Payments, Recover Your Debts, Recovering Debt, Small Businesses, SMEs, Sole Trader

Recovering debt from companies outside the UK is no easy task for the average business owner but despite the popular myth that it is impossible to recover money from foreign companies, the EU does offer similar protections to those in the UK. All this of course may change if the UK fails to reach a…

Churchill Recovery Solutions

Tag: <span>Late Payment</span>