No business likes to hear the word ‘debt’. But for most businesses, this term often pops up every now and again. While liabilities are necessary for establishing wealth, it is important to consider the significant and sometimes detrimental impact existing debt owed to a business can have on their overall success and survival. This is …
1 year old $60k debt paid in 1 day.
Debt has long existed within our society. Even before currency and money even existed, the necessity for debt recovery has been a recurring issue for many people and businesses. So, how has debt recovery actually evolved over thousands of years, and how has it helped many markets repair economic growth. This blog discusses the historical …
Welcome to the month of September! Schools are back and the year is going fast…is it too early to mention Christmas? Although the summer months are typically harder to get in touch with debtors, during August our team have been working hard to take that pressure off businesses both in the UK and Internationally! Let’s …
Consumers are the lifeblood of any business. Without them, businesses would simply not exist. So, when a recent study conducted by Xero asked consumers their thoughts and opinions on late payers, the answer would certainly come as a surprise to those considered as one. This blog discusses the negative impacts being a debtor can have …
The recent decrease in the UK interest rate has significant implications for businesses, particularly concerning late payment risks. As businesses adjust to lower borrowing costs and potential cash flow improvements, they must also remain vigilant about managing late payment challenges effectively. In this blog post, we will explore the impact of decreasing UK interest rates …
Understanding Late Payment Risks Under the New UK Interest Rate Read More »
Welcome to August! It’s been another busy month getting our clients paid! Let’s take a look at what’s been happening here at Darcey Quigley in July! The DQ Team is Growing! July was a month of growth at Darcey Quigley with two new members joining our team! First up Michael Frith who joined as PPC Manager. Michael is our in-house …
Age of invoice: 4 Months old Principal Sum: £23,000 Time to recover: 2 Hours Commercial debt is a common challenge faced by businesses across industries, including the used car business. When outstanding payments are not settled promptly, it can impact cash flow, hinder operations, and strain relationships with suppliers and creditors. This case study explores …
£23k Car Commission Payments Paid Within 2 Hours! Read More »
As political landscapes evolve, businesses, particularly small enterprises, must adapt to new policies and regulations introduced by incoming governments. With the recent formation of the UK Labour government, small businesses are poised to experience changes that might influence various aspects of their operations, including the handling of late payments. This blog post explores how the …
Navigating Change: Impact of the New UK Government on Small Businesses and Late Payments Read More »
Late payments are a recurring challenge faced by businesses across multiple industries, but they can have particularly significant implications in sectors like oil and gas. In the UK, where the oil and gas industry plays a crucial role in the economy, managing late payments effectively is essential for sustaining operations, fostering growth, and ensuring financial …
Navigating Payments in the Oil & Gas Industry: Insights in 2024 Read More »
