I want to think about it

Approximately a month prior I was asked to consult an electrical company in the Broadmeadows suburb that had a stable number of dedicated clients, whereby my they believed that there never has been and were confident that there never would be any problems as far as their debtors were concerned.

Well as I suggested, Dick Smith Electronics also had a substantially huge number of commercial and personal clients with a super large turnover per annum, in the $Millions, BUT they still went into liquidation. When asked the question “why would this of happened” I really didn’t know the answer …BUT they did have Manufacturers warranties on the products they sold, BUT did they have their own specific Terms of Trade in the event of credit management needs for late or no payments from the clients?

Terms of Trade is a vital component in any business, especially if the company offers credit for seven days or more. The days of the “hand shake” means “NOTHING” anymore.

After explaining that chasing “bad money” …using a reputable Debt Recovery company with 27 years of expertise in all facets of Credit Management the client not only invested in EC Credit Controls debt recovery, they also saw the necessity to implement the Terms of Trade documentation and the Veda Credit checking facility also used and recommended.

Regional Contacts

New South Wales

Sydney 1300 362 070
Sydney Local Call 02 8905 4900
Corporate Collections Hotline 1300 961 916


Brisbane 07 3145 0500


Melbourne 03 8102 0500

South Australia

Adelaide 1300 361 070


Hobart 1300 438 332

Western Australia

Perth 08 6214 0500


Canberra 1300 438 332

Regional Manager Outer North West Melbourne & Central Murray

Please contact us on 1300 362 070 for more details
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EC Credit Control (Aust) Pty Ltd