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Building Strong Customer Relationships to Improve Payment Times
In business, relationships are everything—especially those with your customers. Positive customer relations contribute to satisfaction, repeat business, and even glowing endorsements. However, a lesser-known benefit of strong relationships is that they can lead to more punctual payments, strengthening your cash flow. The reality is simple: the better your relationship, the less likely customers will delay payments.…
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Handling Payment Excuses: How to Keep Your Cash Flow Steady
Listening to payment excuses is one of the most frustrating parts of running a business. While excuses are inevitable, understanding the common ones and knowing how to address them effectively can save you time and protect your cash flow. Timely payments are essential for a business to function, and chasing overdue invoices diverts valuable resources…
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Creating a budget while in debt
Creating a budget while in debt is a critical step toward regaining financial stability. Budgeting can help you manage your finances, prioritise payments, and ultimately reduce your debt burden over time. Here’s how to effectively budget when you’re dealing with debt. 1. Assess Your Income and Expenses Start by getting a clear picture of your financial…
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Credit management and debt recovery specialists
Churchill Recovery Solutions aim to improve the cash flow of our clients. Our managed legal service means we support you through legal action to ensure you recover the money that’s rightfully yours. Our fully trained staff are able to advise and navigate you through the legal process from starting a claim through to enforcement if…
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More than two million UK households are in debt
The number of UK households in arrears on their energy bills soared to record levels in the second quarter of this year, with more than two million behind on their electricity payments. The number of UK households in arrears on their energy bills soared to record levels in the second quarter of this year, with…
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Utility Debt Collection
In these challenging times, we believe that by treating your customers fairly and with compassion and respect, we will deliver additional value to your overall customer experience strategy by working in partnership with you across all areas of debt collection. Churchill Recovery Solutions is a one-stop shop to support your collections teams in resolving outstanding…
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CAN LANDLORDS EVICT TENANTS IF THEY HAVE BEEN AFFECTED BY THE CORONAVIRUS PANDEMIC?
An article from Property Wire has advised that Landlords who look to evict tenants once the eviction ban ends on August 23rd need to disclose whether a tenant’s circumstances were affected by the pandemic. If the situation isn’t properly investigates and disclosed, judges could throw some cases out of court. The article has said that…
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Three-step process
Whatever the size or age of the debt, we can save you time by advising you at the earliest stage about the best way to go about recovering your money. Our three-step process makes understanding debt recovery easy and our aim is to resolve matters before step two. These steps are; 1. Pre-litigation This includes:…
