Late Payment Policy – Page 2 – Churchill Recovery Solutions

Aug 10 2020 10th August 2020 27th August 2020 No Comment by admin

How to approach rental arrears in a COVID world

Posted in Avoiding Debt, Bailiffs, Business Debt, CCJ, Chasing Payments, Churchill Recovery, Court Fee, Creditors, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Debtor, Debts, Debts Overdue, Late Payment, Late Payment Interest, Late Payment Law, Late Payment Policy, Overdue Debts, Recover Payments, Recover Your Debts, Recovering Debt, Small Businesses, SMEs

In the wake of COVID-19, local councils and housing providers have been jolted into finding new ways of delivering services and interacting with their tenants – especially when it comes to income collection and rent arrears. Increasingly, we’re seeing providers employ innovative strategies while moving from debt recovery to support provision. Behavioural insights tell us…

Tags:Business Debt CCJ 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 Recover Your Debts Reduce Late Payment Small Businesses

Jul 29 2020 29th July 2020 29th July 2020 No Comment by admin

Your options when a debt becomes overdue

Posted in Business Debt, Chasing Payments, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debt Reovery, Debtor, Debts, Debts Overdue, Late Paying Customer, Late Payment, Late Payment Law, Late Payment Policy, Overdue Debts, Payment Plan, Recover Payments, Recover Your Debts, Recovering Debt, Service Charge, Service Charge Dispute, Small Businesses, SMEs

Once an invoice exceeds its credit terms, the likelihood of collecting the debt decreases as it grows older, which is why it’s worrying to see that 30% of businesses now classify more than 10% of their debtor book as over 90 days old. DIY Firstly, if you have a dedicated credit control team in house…

Tags:Business Debt Churchill Recovery Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Debt Recovery Debt Recovery Agency Debts Overdue Late Payment Overude Debts Recover Payments

Mar 10 2020 10th March 2020 20th March 2020 No Comment by admin

Service Charge Dispute

Posted in Business Debt, CCJ, Chasing Payments, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Recovery, Debtor, Debts, Enforcement Process, Insolvency, Late Paying Client, Late Paying Customer, Late Payment, Late Payment Interest, Late Payment Law, Late Payment Policy, Recover Payments, Recover Your Debts, Recovering Debt, Service Charge Dispute, Small Businesses, SMEs, Uncategorised

How to handle a service charge dispute Service charge disputes can be costly and time-consuming if not handled efficiently. Landlords have a responsibility to maintain the condition of all their residential and commercial properties. They may be able to recoup some of the costs of doing so by issuing tenants with service charges. There are…

Tags:Business Debt Churchill Recovery Debt Collection Debt Collection Agencies Debt Collection Company Debt Collection Procedures Debt Collection Tips Debt Recovery Late Payment Recover Payments Recover Your Debts Reduce Late Payment Service Charge Service Charge Dispute 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

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

May 01 2019 1st May 2019 1st May 2019 No Comment by admin

How do late payments affect small businesses?

Posted in Business Debt, CCJ, Chasing Payments, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Debts, Late Payment, Late Payment Interest, Late Payment Law, Late Payment Policy, Small Businesses, SMEs

Chasing late payments wastes time and money for small businesses, as well as posing a serious threat to their survival. Late paying customers are a frustrating and worrying problem that most small business owners are all too familiar with. In fact, research shows that on average small UK businesses are owed £24,841in late payments, and…

Tags:Late Payments Small Businesses

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

Mar 10 2018 10th March 2018 22nd March 2018 No Comment by admin

Advice On Calculating Late Payment Costs

Posted in Calculating Late Payment Costs, Chasing Payments, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Recovery, Debt Recovery Processes, Late Payment, Late Payment Policy, Recover Your Debts

Most business owners have experienced a late paying client at one point or another. Trying to recover the money can be a frustrating, time consuming and sometimes even a costly process. The latter can often put people off pursuing debts for fear of losing more money than the amount they are trying to recover. Fortunately,…

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Nov 10 2017 10th November 2017 10th November 2017 No Comment by admin

New Research Highlights the Importance of Getting Paid on Time

Posted in Business Debt, Churchill Recovery, Debt Collection Company, Debt Recovery, Late Payment Interest, Late Payment Policy, Recover Your Debts, Small Businesses, SMEs

The impact of late payments on cashflow is well-known, however a recent survey shows that late payments come with additional consequences for those businesses affected. The survey of 1,233 British businesses commissioned by employee spend management firm, Concur, found that 4 in 10 of those businesses were feeling the impact of late payments. The way…

Tags:Business Debt Churchill Recovery Debt Collection Debt Collection Procedures Debt Collection Tips Getting Paid on Time

Sep 12 2017 12th September 2017 12th September 2017 No Comment by admin

3 Top Tips To Help You Recover Debts

Posted in Avoiding Debt, Business Debt, Chasing Payments, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Late Payment Policy, Payment Terms, Recover Your Debts, Small Businesses, SMEs

Being owed money is an unfortunate side effect of doing business for many company owners and recovering them can cause further pain when the process becomes a long, drawn out affair, which is often the case with bad customers. So help you recover you debts as quickly as possible here are 3 top tips to…

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Category: <span>Late Payment Policy</span>