Search results
Test
Your search for "" found 319 results.
Rising Costs in 2025: Protecting Your Business
For creditors, taking proactive steps to mitigate the risks of late payments or debt defaults has never been more critical.The cost-of-living crisis has firmly evolved into a long-term cost-of-doing-business challenge. According to the Office for National Statistics (ONS), While input price inflation has eased from its record peak of 19.2% year-on-year…
VIEWBreaking Borders: Simplifying International Debt Recovery with Redwood Collections
That’s why at Redwood Collections, we offer a streamlined international debt recovery service, ensuring that no matter where your debtor is located, we can help you recover what’s rightfully owed.Global Reach, Trusted PartnersWith our extensive network of trusted overseas agents, we provide a truly global service. Our partnerships empower us…
VIEWFuel Your Growth: Why Credit Management Matters in Haulage
With rising fuel costs, fluctuating demand and extended payment terms often the norm, maintaining financial stability can be a constant challenge. Effective credit management is essential to keeping your business on track and ensuring you have the resources to grow. Here’s why hauliers must prioritise credit control and debt recovery.The Haulage…
VIEWHow to Maintain Customer Relationships During Debt Collection
When handled thoughtfully, it can strengthen your business's reputation and foster trust with customers. Debt recovery isn’t just about getting paid, it’s about preserving relationships for the long term. That’s why taking a strategic approach is essential.The Power of Empathy: Understanding Your Customer’s SituationEmpathy is the cornerstone of maintaining strong…
VIEWStrength in Numbers: How Debt Recovery Helps Businesses Manage the National Insurance Rise
For many organisations, these rising costs have led to reduced recruitment, creating resource gaps that impact daily operations and long-term growth. In such a challenging financial climate, ensuring efficient cash flow management is essential. One key way to maintain financial stability is through effective debt recovery, helping businesses recover overdue payments…
VIEWHow Getting Debtor Details Right Avoids Costly Write-Offs
The ability to collect what you are owed depends heavily on having the correct debtor information from the beginning. Inaccurate or incomplete details can lead to delays and increased costs, with some cases resulting in an inability to recover the debt at all.For businesses managing high-volume accounts such as those…
VIEWThe Risk of Leaving a Debt Too Long
The longer an invoice goes unpaid, the harder it becomes to recover. Many businesses hesitate to pursue overdue payments due to uncertainty and fear of damaging relationships. But acting fast is key to keeping your cash flow and your business healthy.The Challenges for SMEsFor small and medium-sized enterprises (SMEs), maintaining…
VIEWEffective Ways for Construction Contractors to Handle Overdue Debt
For contractors and subcontractors, ensuring payment can be as tough as landing new work.The Growing Problem of Late PaymentsPayment delays can create cash flow crises, especially for smaller businesses lower down the supply chain that are often caught in a complicated web of contractors, subcontractors and suppliers.Many construction businesses consider…
VIEWWhy Universities Must Act Fast on Overdue Student Payments
Late tuition and accommodation fees can put a serious strain on budgets, impacting everything from teaching resources to campus maintenance.Acting quickly to recover overdue payments isn’t just about securing funds; it’s also about preventing small problems from snowballing into bigger financial risks. With the right approach, universities can recover fees…
VIEWDebt Recovery Strategies for High-Volume Collections in an Economic Downturn
With financial pressures mounting, securing outstanding payments becomes crucial to maintaining cash flow. However, in high-volume collections, businesses must also be mindful of their relationships with clients who may be facing their own financial difficulties. We’re sharing several strategies to effectively manage debt recovery while maintaining strong business relationships.Clear and…
VIEW