Dorset Chamber has added business customer Credit Checks to its growing list of member benefits, by partnering with Debt Collection and Outsourced Credit Control specialist Acquit Debt Recovery Ltd to provide members with the new service.
Dorset Chamber members can now request up to 5 free business Credit Checks per month, helping members to improve cash flow and reduce the potential for bad debt.
Diane Bantten, owner and Director of Acquit Debt Recovery Ltd, whose legal background provides clients with a unique and bespoke service, explains: “It’s simple: cash is king and knowledge is power. Businesses who undertake due diligence before providing goods and services to new customers can safeguard against unpaid invoices and save themselves a lot of time and pain chasing payments. Credit checks not only look at whether a customer can pay, they also throw up any reported issues they may have had paying other providers in the past.”
Acquit Debt Recovery Ltd’s success in this field is down to Diane’s 25+ years of experience as a Lawyer before launching Acquit Debt Recovery Ltd in 2010. Unlike some law firms undertaking debt recovery services and who often automate debt recovery letters and indeed the whole process of recovery, Diane take a different approach. By assessing and handling each case herself, Diane offers a very personal approach fees are added to the debt – along with late payment compensation and interest. More often than not the client ends up “in pocket” not out of it.
Diane’s legal expertise can also catch debtors off-guard, as they sometimes believe they are dealing with a ‘standard’ debt recovery agency instead of a lawyer who is well versed in this field.
Ian Girling, Chief Executive at Dorset Chamber said: “We have spent a lot of time talking with members and the pandemic has highlighted that good cash flow management is crucial for all businesses. We believe it is very important to support our members by providing this service to safeguard against bad debt in the first place and working with Diane was the obvious choice.”
Members can use an online form to request a business customer Credit Check Report within 48 hours of submission.
For information on more preventive measures businesses can take to safeguard against debtors or to find out how to start the debt recovery process, visit: www.acquit.org.uk or call Diane direct on 01202 432022 or 07788 416859