Any recession or economic downturn places plenty of pressure on businesses finances – the major factor being a general tightening of cash in circulation. A lack of cash can have serious impacts on any business – many profitable businesses have gone bust due to lack of cash – so you need to protect yourself accordingly.
The best time to do this is before any recession takes hold. BizEnhanz has a range of services that ensure you are in the best position possible to ride out any cash storm.
Undertakes a comprehensive review of your customer ledger, security and contract status detailing at-risk customers and options for preventing future payment defaults
Order discounted Commercial & Consumer credit reports here. Advice on which bureau report is appropriate to your business when assessing the risk profile of a credit customer
If you supply goods on credit you need to have robust Personal Property Securities Act procedures in place or risk losing out in an insolvency. This Unit simplifies for you a rather complex piece of legislation
There are always occasions where despite your best efforts some credit customers either will not or cannot pay you. Receive expert advice on collection options and recommendations based on your circumstances