Credit Checking
Do you know who you are dealing with all
the time?
If you knew a customer was about to go into liquidation,
would you allow 30 days credit?
If you knew a customer paid others very late, would you expect
payment on time?
Credit checking is all about knowing more about who you are
dealing with. This is vital to know both at the start of a relationship
and also for customers that you have traded with for some time
but may now be looking to increase the value of transactions.
Why should you do credit checking?
When you allow customers time to pay, it should be a conscious
decision - 'we believe this customer can and will pay us on
time' - based on knowledge, not an accident of selling.
So you can see that it makes sense to find out the history of
your customers. This is for two key reasons:
1. Commercial - your future sales are more reliable.
2. Financial - as your profit is increased by fewer bad debts
and lower borrowings.
Research from 'The Better Payment Practice Group' has shown
that " sales are increased, not reduced, by checking credit
worthiness because sales efforts can be intensified with sound
customers and not wasted on a mass of unknown prospects. "
For an individual full report the price is £15.75, but
you will receive discounts if you make multiple checks in each
month:
Four checks at £15.75. Get the fifth for only £8.00
(nearly 50% discount)
To start taking advantage of our credit checking capability:
E Mail: info@the-bcg.com
Phone: 0121 355 8346
Fax: 0121 321 2772
Other reports on offer are:
-
Overview report £ 11
-
Business report £ 37
-
Financial report £ 16
-
Individual Directors report £ 4
-
Company Directors report £ 4
-
Image of Company accounts £ 16
-
Image of annual returns £ 9
-
Other Companies House reports £ poa
Republic of Ireland £ poa
European Countries as below £ 67.50
Austria, Belgium, France, Germany, Italy, Luxembourg, Netherlands,
Spain, Portugal, Switzerland. - report within 1 hour.
Other European Countries £ 110
Report within 1 – 2 days
Worldwide Overview report £ 14
Report within 1 hour
Worldwide Full report £ poa
Quantity discounts are available
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