Is your company facing recurent problems with delinquent debt? More than a temporary problem, a customer invoice not paid on time can lead to real difficulties. This is even more true if your business depends on those payments to pay its bills. Aware of the issues that many SMEs and independents are experiencing, we propose several solutions.
For a company selling goods or services, customers usually have 30 to 90 days to pay their bills. Delinquent debt is money that is owed past the traditional 30 or 90 days period. Even if the customer pays, this problem represents a loss for the company as the money owned is not usable immediately. Moreover, unpaid invoices lead to time consuming administrative procedures that sometimes come with significant cost.
There are many solutions to protect a company against delinquent debt. Most of them can be part of a factoring contract made with a factor, which usually includes 3 products:
We have been offering advice and tailored solutions to SMEs and independents in Switzerland for many years. We are conscious of the financial difficulties that delinquent debt can lead to. For that reason, we propose different products to protect your business and improve your working capital. Feel free to contact us to know more.Online request