Sterling

Credit Management

Enterprise Act becomes law, will it help small firms resolve issues such as late payment?

The Enterprise Act includes measures to: establish a Small Business Commissioner to help small firms resolve issues such as late payment include the actions of regulators in the government’s £10 billion deregulation target and increase transparency through annual reporting requirements extend the successful Primary Authority scheme to make it easier for businesses to access consistent, tailored

Outsourced Credit Control with Sterling Credit Management

Outsourced Credit Control Our outsourced credit control service has been re-branded. We are happy to invite you to our new credit control website providing information to any SME / business in the UK looking at outsourcing credit control services. www.creditcontrolservice.co.uk If you do regular business with slow paying clients, you are probably spending much more time chasing payments

How a growing business benefits from outsourced credit control

Requirement: Challenged with fast business and customer growth, we were approached by this medium sized UK manufacturer with their business needs. One of those being, they wanted the most cost effective, efficient way to manage the increased workload of invoice processing, follow up and order processing, which the growth in new business brought with it. Important

Warning to SME’s chasing late payments

SMEs will be disadvantaged in chasing late payments from big business customers the Bar Council has warned. Wealthy individuals and big business will have the upper hand in court proceedings if further increases in court fees get the go ahead under plans announced by the Ministry of Justice, the Bar Council has warned. The Bar Council, which

UK Top 100 Accountancy firms

Sterling provides debt collection service to several UK Top 100 Accountancy firms. Recent success story from the accountancy sector: We received the debt this month from our client, one of the Top 100 accountancy firms in the UK, invoice value circa £10k, dating back to the end of 2014. We traced the most relevant person to

Small Claims Court success

Small Claims Court: A Small Claims Court success for our client who performed plumbing works for a large chain restaurant, which subsequently refused to pay on the grounds that the documents were not in order and the Purchase Order had not been complied with. We filed a claim against them in the Small Claims Court, adding

The Jackson Reforms

The Civil Procedure (Amendment) Rules 2013, otherwise known as ‘The Jackson Reforms’, come into force in England and Wales on 1 April 2013. One of the key effects of the reforms on debt recovery is the increase of upper limit of the value of cases which ought to be allocated to the Small Claims Track to

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