Credit Watch/Cash Flow

Watch out service of slow payers, funding, credit checking and debt recovery.

GA Confidential Warnings

The GA's 'Watch Out Service' issues timely warnings about potential fraudulent firms, scams and help to identify those retailers who pay their suppliers either too late - or in some cases - not at all.

Factoring/Invoice Discounting

If debt is causing cash flow problems in your business then Lloyds TSB Commercial Finance may hold the solution.  The GA has negotiated a range of services for members.

Your needs:

  • Are you expanding rapidly but don't know how to fund your increased orders?
  • Is your bank not being very supportive?
  • Are you having problems collecting invoices from customers and need some help?
  • Are you looking for a flexible form of finance to cope with peaks and troughs of cashflow?
  • Do you want to import goods from China/Far East but can't pay for them when they arrive in the UK?
  • Could you do with some help identifying potential bad debts and dealing with credit control and terms of trade?
  • Do you want additional funding but are unable, or do not wish, to offer any personal security to support that funding?

The solution:

  • Lloyds TSB Commercial Finance can provide funding against invoices raised within 24 hours of issue of up to 90%
  • Invoices funded for an average of over four months
  • Internet access to full debtor ledger and payment information is included - we do not need supporting paperwork
  • 'New Business Charter' - supporting service pledge and a rolling contract now included with only one months notice required at any time
  • Supporting 'First Check' credit information
  • 'Debtor Protection' - an optional extra if appropriate
  • 10k funding limit per customer
  • Funding available on small volume or single debtor ledgers
  • Flexible approach to credit control and supporting administration - we only need to confirm top five balances with customers

Credit Checking and Debt Recovery

The GA offers a range of cost effective debt-control services covering everything from the production of a 'solicitors letter' to instigating winding up procedures.  It also offers access to Equifax one of the leading business information providers where you can check out the credit worthiness of potential customers and protect your ledgers against bad debt and fraud.

For information on these services please call Pushpa Patel on 0121 237 1142 or email: pushpa.patel@ga-uk.org.

 


Members Section

Upcoming Events

Press Room

 
Copyright The GA 2008. All Rights Reserved. info@ga-uk.org

The GA is part of the British Jewellery, Giftware and Finishing Federation, a company limited by guarantee and registered in England and Wales number 69391.
The registered office is Federation House, 10 Vyse Street, Birmingham B18 6LT.

Sitemap | XML sitemap