Don’t take chances with new customers from the UK or overseas - they may not be quite what they seem. By credit checking your customers you can guard against potential bad debts or the hassle of court action to extract payment.
Before setting up a trade account for a new customer, obtain a full credit report on the company. This will enable you to make an informed decision on the level of credit which you are prepared to offer.
Northampton based Cane Furniture company Daro Limited stated:
“We ask Northamptonshire Chamber to credit check every new wholesale customer. We find the service friendly, efficient, economical and it has paid dividends over the years. The reports allow us to make an informed decision on the level of credit, if any, that we allow on each account.”
|Limited Company Credit Report||From £11.00||From £22.00|
|Sole Trader/Partnership Credit Report||From £13.19||From £26.38|
|International Credit Report||POA||POA|
Call: 01604 490 414
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Prices subject to change without notification.