Author Archives: Owen Stirling

Paid invoice

How to effectively manage credit and late payments

On average, larger business wait 53-55 days for payment. While SMEs wait, on average, more than 60 days to get paid. Could your business afford to wait this long for payment? Unlike larger companies and corporations that may have the … Read More

Why debt recovery is critical in a time of pandemic

Although most SME business owners are rightly focused on plans, growth, staff, revenue, and profits, they often forget about effective credit management. The truth is that even in the best of times, most business owners should be thinking more about … Read More

Industry Update – Changes to debt collection letters

The Treasury has announced that debt collection letters sent by creditors and collections companies are to change to include ’less threatening’ terms and simpler language for customers. On October 7th, the government proposed new rules which will see the Treasury … Read More

Swoop, the one-stop money shop, selects Ko-bolt as their debt recovery agency of choice.

We are delighted to announce that Swoop have selected Ko-bolt as their partner of choice for debt recovery. Through the partnership, 46,000+ businesses now have access to simple, affordable and professional debt recovery services designed to maintain the buyer-supplier relationship. … Read More

How important is an Invoice and why?

In this post with guest content provided by Kevin Artlett FCICM ACII, Director of specialist credit management advisory, Pecunia, we explore the importance of your Invoice and how getting it right can make all the difference getting paid. “The Invoice … Read More