CREDIT REPORTING

Have you supplied goods or services to a customer, only to find they were insolvent and went into receivership or bankruptcy and you were never paid?

Have you ever sent out monthly accounts to find your customer had scarpered, attempts to contact him failed and you were never paid?

Eliminate unnecessary credit risk.

Screen potential customers to avoid habitual bad debtors.

Take control of your debtors ledger.

Credit reporting should be an essential part of your credit management process. Trade references alone can be unreliable. Think of Credit Reporting as the smoke detector for your business.

Most of your customers will be valuable prompt payers, but very few businesses can avoid their share of problem debtors who either can't or won't pay what they owe. Use credit reporting to give you advanced warning of potential risk.

As good business practice, you need to identify and avoid customers with a bad credit history. Others that could be considered a debtor risk also need to be identified and then monitored carefully. Even existing clients can be spot checked if their account no longer complies with your payment terms.

Early prevention pays off.

Ledger Guard can provide cost effective credit reporting through the commercial credit reporting company Dun & Bradstreet.

Contact us now for more information.