Today's Challenge: Secure Growth
Maintaining a healthy cash flow is one of the most vital aspects of any business. Small and medium -sized enterprises (SME's), a large part of the US market for banks, are particularly vulnerable to late payment and bad debt. These companies often finance their customer's late payments to detriment of their own cash flow and business development.
- Ensure that a valuable asset (accounts receivable) is managed by professionals who can provide valuable credit information and offer timely assisstance with the collection of overdue debts.
- More secure and increased lending by securing the sales ledger with credit insurance and increase lending based on reduced risk.
- Improve client retention by offering access to additional services that improve financial planning and increase credit control efficiency.