Payment Prompt

One unpaid low value account may not be a priority, but group together all your unpaid low value accounts & they soon become detrimental to your company cash flow.

The recovery of these accounts is time consuming & takes the focus away from managing the larger invoice revenues, which must be the priority for any business.

Corporate & Commercial Credit Solutions Ltd. provide the Payment Prompt as a low cost option to chasing smaller, low value accounts to compliment your credit control procedures.

The Payment Prompt is mailed to the debtor on our company headed paper & we advise the debtor company of a 3 day time scale, by which payment is expected. Payment Prompts can be sent to just one account or to many accounts, with great discounts for bulk purchases.

Experience has proved that debtors prioritise payment as a result of our Payment Prompt, which provides an easy, low cost option to recovering monies from low value credit accounts.

Tracing Debtors

Unfortunately, failing businesses do not pre-warn suppliers that they are experiencing financial difficulties. More & more companies are closing their doors, owing significant amounts of money to a number of creditors & are simply walking away from any responsibilities.

Corporate & Commercial Credit Solutions Ltd. can confirm a current address, whether it be new trading premises or a company directors home address. Similarly, it is also possible to confirm telephone numbers to increase the chance of recovering outstanding monies.

Tracing a debtor can give your company an advantage over other creditors & ensure that just because a failed business escapes their trading premises, does not mean they can escape their liabilities.

Legal Instruction

'Professional Debtors' are a worrying trend in the field of credit control, as they are increasingly playing a potentially costly 'credit game' with supplier companies.

By keeping credit values low, they rely on the supplier not to pursue monies via the Court system, as such action may require financial commitment to support a Claim. 

Corporate & Commercial Credit Solutions Ltd. work closely with a retained firm of Solicitors, therefore, legal instructions issued by our lawyers, at our clients request, carry more kudos than a Summons issued by any other means.

Our legal department will manage the Claim from start to finish, allowing continuity in communication, whilst working at all times with our client, to ensure every course of action is the most appropriate & cost effective option for each legal case. To continue our commitment to our clients, this management service is provided free of charge.