Chasing Slow Payers
Carrying debtors for too long can have huge implications for your business. Every dollar tied up is a dollar that has to be funded, either from owner's funds or debt. It slows down the cash conversion cycle which makes a business less profitable. Furthermore, chasing slow payers is often a job many business owners put off. No one likes having to ask for money and there is the risk of damaging a valuable relationship with a customer or client.
We can assist with this unpleasant task. Being one step removed from the relationship between you and your customer helps and we achieve a result without damaging the relationship. Talk to us today to see how we can help.
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