When it comes to making decisions, how do you know that you’re making the right choice? While some people make decisions based on intuition and instinct others prefer a less risky approach. In this blog, we share how business credit reports can be your friend in making those tough calls. What is a Business Credit …
How to Use Business Credit Reports For More Informed Decisions Read More »
Age of invoice:10 months old Principal Sum: £100,000 Days to recover:48 hours One of our clients in the agriculture industry got in touch at the beginning of the first coronavirus lockdown in the UK as they had an outstanding debt worth £100,000. Within 48 hours of the team at DQ receiving the debt, a payment …
Through our quality of service and professionalism, Darcey Quigley & Co has developed relationships with businesses of all sizes that has seen us work together time and time again since our formation in 2007. Our approach to commercial debt recovery is tailored to meet the requirements of our clients, and for many of those we …
Our relationship with you and your relationship with your clients Read More »
Cash flow is the movement of money in and out of your business and it is critical for your business to survive. It can be easy for your cash flow to go unmonitored, but carefully managing your finances will help to improve your cash flow. Essentially, if you have more cash coming into your business …
Deciding when and if to outsource your debt collection to an agency is one of the biggest credit management decisions your finance department will make. But how do you know when the right time is? How long should you leave it? And is it worthwhile outsourcing at all? Here, I share some of the tell-tale …
When Should You Outsource To A Commercial Debt Recovery Company? Read More »
How do you know if a potential customer is credit worthy? Jumping into business with a customer before checking to see if they’ll be able to repay your credit terms can have detrimental effects for business. In this current economic climate making smart financial decisions are crucial to sustaining a healthy cash flow. In this …
What You Should Look For When Giving Business Credit Read More »
The impact of COVID-19 has been monumental for a lot of us, particularly for business. UK Chancellor Rishi Sunak has today warned “the UK economy will contract by 11.3% this year, the largest fall in output for 300 years.” He then went onto state that economic output won’t reach pre-crisis levels until Q4 2022. The …
Official Forecasts Now Predict The Biggest Economic Decline In 300 Years Read More »
When it comes to collecting debts on behalf of your business, we know first-hand that you have many questions about the process. In this article, I share insight into the commercial debt recovery process and why it might not be what you think! The Debt Collection Process When people hear the term ‘commercial debt collection’ …
An Insight into Commercial Debt Recovery – it’s not what you might think! Read More »
Being paid on time is now more important than ever given the economic upheaval caused by COVID-19. From businesses going through administration to account disputes there are several reasons that a customer will pay you late. Being paid on time is essential to your business’ survival, they support a healthy cash flow and prevent your …
How to Handle Poor Payment Behaviour From Businesses Read More »
Age of invoice: 4 months old Principal Sum: £12,000 Days to recover: 10 days A recent client within the manufacturing industry got in touch to discuss a 4 month old debt. They explained how the debt was worth £12,000 and there had been previous contact with the debtor on several occasions arranging a payment …
