CREDIT MANAGEMENT

Unpaid debts can hold up your business, affect your cash flow, and create uncertainty for your staff and your shareholders. They can also impact your own debt obligations which can harm your reputation. Therefore it's critical for any business to ensure that your customers and suppliers transact with you on your terms. 

 

At Oakbridge Lawyers we handle escalated, disputed or complex credit management matters professionally and efficiently and will also advise more thoroughly on credit lifecycle strategies, commercial credit terms and cash flow enhancement initiatives.

Your cashflow is the lifeblood of your business.

Credit Management Services

Our legal team will work alongside you to identify the most appropriate credit management procedures, establishing which accounts are the most likely to result in successful recovery, and develop a programme using various methods of communication to engage with you and your debtors, from outbound phone campaigns and emails to written letters and SMS updates.

We offer credit management services for businesses across many sectors, including:

  • Asset based lending

  • Attachment of earnings

  • Strategies for purchasers

  • Strategies for unsecured lenders

  • Enforcement, including instruction of bailiffs

  • Invoice finance

  • Issuing proceedings and entering judgement

  • Late payment of commercial debts

  • Letters before action

  • Statutory demands and bankruptcy petitions

  • Winding-up petitions and charging order

We can work together with your business to develop the most suitable methods of engaging with your debtor(s), and make arrangements for volume recoveries where necessary.

Contact us to discuss how we can help you
Arrange a free credit management consultation today