Running a business and managing your cash flow can be challenging at the best of times. If you extend credit to your clients, you are essentially a bank, which brings additional challenges in getting paid. So, in order to protect your cash flow when you…
Often when contacting a debtor they will make an offer of an amount less than the debt sought as “Full and Final” payment. Any such offer can only be considered and accepted by the creditor (our Client) as it needs to suit their cash-flow and timeframe…
Over the next few newsletters we will provide you with some answers to FAQ’s we receive daily in the world of debt recovery. To kick this off here are the first four questions we constantly get asked. Why do I have to invoice the debtor…
This is Part 1 of a 3 Part guide on tips for loading on the Personal Property Securities Act is very complex in nature. A number of questions are often raised by our clients around how to load PPS Registrations to ensure they’re valid and…
Trade Credit applications remain flat. There is a significant increase in Credit applications from the ACT, while NT and WA continue to decline. Veda Quarterly Business Credit Demand Index
By now everyone that is in business will be aware of this legislative change in law regarding Unfair Contract Terms. Under section 23 of the Australian Consumer Law (ACL), businesses must ensure that they comply with the obligation not to impose “unfair contractual terms” on…
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