A bit of fun!

Obviously with Mr Franklin endorsing our product I just wanted to inform you that we have an offer on our uk business credit reporting - £350 gets you all of the below:-

Unlimited access to any UK limited company

Unlimited access to over 3 million non limited businesses

Unlimited access to director database information

Access to 200 companies house documents

Unlimited access to company monitoring

Debt recovery on a no collection no commission basis.

Just email martin@creditserve.co.uk or visit www.creditserve.co.uk for more information. You can also follow @creditserve on twitter or Facebook to receive daily updates and offers.

Have You Ever Considered Outsourcing Your Credit Control

Outsourced Credit Control

A number of our clients have previously requested us to provide "in-house" credit control services and outsourced credit control services so as a result we have recently added outsourced credit control services to our growing range of credit control and credit management services.

Why use Outsourced Credit Control Services?

Outsourced credit control can be used to cover sickness or illness, to provide a credit control function for small businesses that don't have available resources, or to complement an existing a fully-fledged credit control department during seasonal or peak times.

Booking or Enquiring about Outsourced Credit Control Services or Credit Management:

Should you like to book our outsourced credit control services or Credit Management or you require further information please complete the contact form, call Chris York or Laura Ferrie on 01992 414222 or email us on sales@creditserve.co.uk

Here are just a few of our customers thoughts on the services provided by Creditserve

Lets be honest sometimes operating a business is hard, but also its rewarding too! 

I thought I would post a few of our customers thoughts on the various services we provide just to give you a taste of what you can expect to receive from us as a credit reference and debt recovery agency.

Towers use Creditserve online and bespoke credit reports in conjunction with our credit Insurance policy, we find this combination gives our sales ledger very good protection from bad debt. 

Richard May,Trading Director Towers Thompson 

I have been using Creditserve for a number of years, the service is always efficient and accurate. Being able to request ad-hoc reports tailored to my needs is an invaluable service, especially in the current economic climate.

Jillian Doyle, Credit Manager, Bacardi 

We have used Creditserve for some years now and find their debt recovery service to be efficient and cost effective.They provide a personal and professional service and they are happy to provide specialised advice when we need it.

Naser Khan, Finance Director, Bestway Group 

If you feel that you would like to know a little more about any or all of the services we provide from online credit reporting to debt recovery please feel free to call us on 01992 414222 or email martin@creditserve.co.uk or furthermore you can visit www.creditserve.co.uk for more information.

'Tis the season to be diligent! Business failure in January is rife....

Christmas has come and gone, the Christmas trees have all but gone, people have eaten their fill and now is the time for people to return to work and their businesses to be collecting their outstanding monies from their customers. 

But as we all know the pre-Christmas spirit rarely transfers into the new year.

January is statistically the month in which most UK businesses fail. Whether it be the sad story of their bigger customers withholding payments longer than they might or the more sinister reasons that cause small businesses to fail just shortly after the Christmas boom.

Lets be honest you have worked hard to acquire the customer, quote for your products or services, deliver them to the best of your ability but now all you want is to be paid... Isn't that the way it should be?

There are professional agencies who specialize in commercial debt recovery in a cost effective manor and there are also credit checking systems which will allow you to credit check your customer database to ensure that you will not be on the receiving end of a bad debt.

Creditserve offer a cost effective, competative and professional credit reference and debt recovery service so if you have any questions or simply want some advice please feel free to contact martin@creditserve.co.uk or call 01992 414222. You can also visit our website www.creditserve.co.uk for more information.

All the best

Martin Brown
Creditserve Business Information Ltd

Hertfordshire Business Expo 2013

We’re delighted to be exhibiting at the biggest business event in Hertfordshire on Tuesday 19^th November at Knebworth Barns, and would love to share it with you.

The Hertfordshire Business EXPO is the county’s most exciting and innovative exhibition, where we will be showcasing [insert your text here – your latest offer or what you will be exhibiting]

As well as Dave Fishwick, millionaire entrepreneur and star of Channel 4’s Documentaries ‘Bank of Dave’ and ‘Secret Millions’ heading up the brilliant business speaker line-up to inspire you to great things, there are some fabulous free Seminars and Networking sessions! From learning the latest sales skills and strategies to crank up your profit, to a geek-free, practical overview of cloud technology, to discovering how to identify and leverage new opportunities in today’s fast-moving world.

Get in quick and reserve your free entry ticket at The HertsEXPO website. Just create an account and book in – you can also book your networking sessions and seminars here too… http://www.hertsexpo.co.uk

There will be over 70 organisations represented at the show, which is hosted in association with The Hertfordshire Business Independent, The Business Club and Knebworth Barns – along with headline sponsors, Hertfordshire Local Enterprise Partnership.

Doors open at 10:00am, with a pre-event Networking Breakfast, featuring guest speaker, Stevenage MP, Stephen McPartland at 8:00am

Tuesday 19^th November 2013 : Knebworth Barns, Knebworth. SG1 2AX  

Registration is free. We’d love you to come and see us there!

OCTOBER OFFER!!!

For One Month Only Creditserve Are Able To Offer Our UK & Irish Unlimited Credit Reporting Package For A Guaranteed Reduction In Annual Subscription of 50% YES 50%!!!

Creditserve will give you unlimited access to business information which includes the following:-

• Unlimited access to online credit reports limited companies in both the UK and Eire.
• Unlimited access to individual directors reports on every director in the UK and Eire.
• Unlimited access to sole trader and partnership reports in the UK and Eire.
• Unlimited access to online monitoring of any UK and Eire limited companies.
• Access to 100 companies house image documents.

However, this is not all... As well as access to our unlimited credit checking facilities you will also have access to our debt recovery department to assist you in recovering any outstanding monies on delinquent debtors on a 'no collection no commission basis'

We can also give you access to the most comprehensive business information in 18 countries throughout Europe and USA. These reports are usually charges at £30 + VAT per report, however with this offer we can give you 10 of these reports for £200 + VAT... Please see the countries our online overseas system covers:-

Belgium, Czech Rep, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Lithuania, Netherlands, Norway, Poland, Slovakia, Spain, Sweden, Switzerland and USA.

If you would like any further information or would like to trial our system please do not hesitate in contacting Martin Brown on 01992 414222 or email martin@creditserve.co.uk or via LinkedIn or Twitter @creditserve

Hertfordshire Business Expo - 19th November 2013

Creditserve Business Information Ltd are very pleased to announce that we are exhibiting at the Hertfordshire Business Expo on the 19th November 2013. 

The exhibition is the perfect place to showcase our new on-line credit reporting system, which enables customers to instantly evaluate their suppliers, customers or competitors credit worthiness.

Creditserve provide credit reports on all UK and Rep of Ireland limited companies and non limited companies, on-line international business information, director database information including credit score and risk analysis, company monitoring and access to Companies House documents. 

Along side Creditserve' business information we are a professional debt recovery agency working on a 'no collection-no commission' basis for our customers. We actively try to recover monies with our tried and tested internal procedures and try to negate the need to 'go legal' therefore saving you time and money. 

Creditserve are also able to offer in-depth consumer credit information allowing companies to carry out detailed consumer credit checks on individuals (Please be aware that you do need consent from the individual as well as the correct data protection licence in place). These reports are used by companies that deal with non limited companies, insurance brokers and independent financial advisers which may need to keep in line with due diligence.

Finally I would like to inform you that you can book free tickets for The Hertfordshire Business Expo via http://www.thehertfordshirebusinessexpo.co.uk/ or should you want to discuss any of our services featured above please either contact Martin on 01992 414222 or martin@creditserve.co.uk. 

New Business Owner? Concerned About Your Credit Limit and Risk Score?

There is no doubt about it, being a business owner in todays financial climate is not easy, sometimes risky, but with the right help I can be very lucrative.

In today's blog I want to advise you that the perception of potential suppliers or customers will definitely make or break your business venture. 

a staggering 88% of businesses fail within the first 12 months of starting, this is truly astounding but to some extent this comes down to being perceived in a bad light by suppliers or customers.

One thing they will be doing before entering into a business relationship with a new business is looking at any financial records available, so for limited companies they will carry out an online credit report, for sole traders or partnerships they will almost certainly look at a consumer report along with trade or bank reference information. 

Now the best thing to do is ensure that if you file any and all information or fill out any application with as much information you can so as to give the perception of transparency. Your suppliers will definitely look at this in a positive manner. 

With this in mind you will need to credit check your suppliers to ensure they are able to fulfil your requirements, so many new businesses are affected by poor supply lines, so do the checks to make sure you don't get caught out.

Creditserve are a provider of quality online credit reports and can cater for any and all requirements so if you would like to view a credit report on a company please feel free to contact us via email sales@creditserve.co.uk or 01992 414222 Or visit our website www.creditserve.co.uk. 

The Four Pillars For A Successful Credit Control

Many thousands of businesses go bust every year simply because they are owed money and can’t juggle the cash flow. Systematic, well planned credit control practises must be put in place right at the start otherwise your company will join the mountain of other failed firms. Checking references, getting credit reports and examining company business information is a sign of strength for a business and lets your customers know you are serious about credit control

1. Get a detailed application form filled out correctly by your potential customer.

So many businesses are in the rush to get orders that they do not do the necessary groundwork when setting up customers, in some instances not even knowing the correct legal entity or billing address. All of these minor details can slow up getting paid on time!

2. Do the necessary credit checks on ALL customers small or large.

When you are looking to supply a customer you need to carry out a credit report, these reports are instantly available through credit reference agencies online and can be purchased on a 'Pay As You Go' basis at under £10 per search or within bundles which can cover you for a years unlimited credit reports. 

In my professional opinion the bundles are the way to go as you get so much more within them.

3. Stick to your credit limit and credit terms.

From the outset you will need to be tough as customers will look to bully or bluff a higher credit limit from you, so stick to your limit! This also happens when it comes to payment with some customers looking to set their own terms of payment. You will need to be firm and not waiver because if you allow them an inch they will no doubt take a mile! 

You could even make a telephone call or send an email gently reminding your customers that payment is due on a certain date, this shows good customer relations but also that you have your finger on the pulse.

4. Don't be afraid to use debt recovery agents to recover outstanding monies owed to you.

This is one step that businesses do not grasp as much as they possibly should. You can utilise the professionalism of an outside debt recovery agency without costing yourself or your company time and lots of money. Any debt recovery agency worth its sort will not charge upfront fees, they simply apply a commission charge if and when they are successful. 

Obviously doing the chasing and sending letters has an expense to yourself so if you are getting nowhere with a delinquent debtor why not pass it on to the agency and let them recover the money for you. 

Usually a good commission rate is between 7 - 12% on any monies recovered, but remember it is your right to add costs and interest to the debt from the date it becomes overdue.

If you would like to know more or have any questions please email me on martin@creditserve.co.uk or follow me on twitter @creditserve

Top 10 Tips For a Secure Business Future!

Creditserve provides an online, affordable and up to date credit checking system which allows you to carry out credit checks on your new and existing customers and/or suppliers to ensure they have the financial means to honour payments/contracts.

Key Features: 

• Instant credit checks online
• Full range of credit reports
• Discounted rates
• Up to date information
• Debt recovery service

Instant credit checks online 

Clients can access Creditserve online credit checking service for instant reports on a company’s or an individual’s credit rating and history.

 

Extensive range of credit reports 

Reports range from in-depth business reports, including full accounts and credit ratings, through to simple registered information, we also offer Companies House documents and monitoring service.

 

Beneficial rates 

We offer extremely cost effective rates for one off credit checks. Regular credit checks should form part of your credit management routine on new customers, defaulting customers and those seeking an increase in their credit limit and therefore an annual subscription is often the most cost effective way to credit check your customers and suppliers.

 

Up to date information 

Our range of credit reports are updated on a live feed to ensure they include the most recent and accurate information.

 

Debt Recovery Service

Creditserve also offer this back up service to the online credit reporting and work on a no collection no commission basis. We work on all cases on pre legal basis and add costs and interests to the debt value which you are entitled to from the time the debt becomes overdue.

 

Crucial Top 10 tips for all credit control departments:- 
1. Always perform credit checks to ensure you know your customer 
2. Get your customer to complete a credit application form 
3. Wherever possible obtain a personal guarantee from company directors 
4. Get a signed contract incorporating your terms and conditions 
5. Give your customer a credit limit and review this regularly 
6. Invoice on time and ensure details are accurate 
7. Phone your customers before payments are due to ensure there are no queries 
8. Send monthly statements 
9. Use properly drafted collection letters 
10. Consider outsourcing your non paying accounts to a reputable debt collection agency like Creditserve Collections

If you would like any further information please feel free to contact me on 01992 414222 or emailmartin@creditserve.co.uk LinkedIn Martin Brown or follow on Twitter @creditserve