With rising costs, changing market conditions, and increasing pressure on cash flow, effective credit management with your client base has never been more important. Late payments, customer insolvency, and bad debt can quickly impact profitability, so having the right information to make decisions and specialised support can make a real difference.
Following recent feedback from members experiencing an increase in delayed payments or bad debt, we thought it would be a good time to remind you of our partnership with ICSM Credit Management Services. This partnership included in your BLOC Membership gives you access to FREE credit reports, information, and support to help you assess customer risk, make informed credit decisions, and manage debt more effectively:
- Company credit reports: financial information, CCJs, directors, payment history and credit opinions.
- Expert advice: guidance on credit management, financial reports and debt recovery.
- Director searches: check current and previous company directorships.
- Small business checks: credit information on sole traders, partnerships and non-limited businesses.
- Consumer searches and debtor tracing: additional support for debt recovery.
To set up your account to start accessing this crucial service, contact BDM@bloc-group.co.uk today.
