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Extending Credit ?
Don't Make The Wrong Move.

SECURE YOUR RISK.
PROTECT YOUR FUTURE.

Credit risk is a crucial factor that lenders/businesses consider before extending credit to a customer. By assessing the creditworthiness of a customer, lenders/businesses can make informed decisions and minimise the risk of potential losses.

 

With a thorough understanding of credit risk, lenders can confidently offer loans and credit terms to those who are most likely to repay them. Getting this wrong results in disrupted cash flow, increased collection costs and bad debts.

While it's impossible to know exactly who will default, proper credit risk assessment and management can minimise the severity of losses.​

You must carry out credit searches if you want to:

  • Have better cash flow by avoiding late payers.

  • Reduce levels of bad debts.

  • Minimise the risk of fraud.

  • Offer credit based on the latest information and supplied by various sources.

  • Make profitable sales ensuring your business grows.​

What is Credit Risk?

Credit Reports

Credit Reports.

Have you written off a debt due to a customer entering liquidation or suffer from customers that pay late?

​Whilst you can never guarantee against experiencing a "bad debt" you can take action to reduce the risk of it occurring. Our credit reports allow you to quickly make the decision to extend credit to your potential customers or suppliers.

Reports contain the following key information:

  • Credit score

  • Recommended credit limit.

  • Who is behind the business and how long it's been trading.

  • If the business is financially sound.

  • Up to 3 years annual accounts.

  • Group structure - Parent company.

  • Director Information.

  • Registered office - when incorporated.

  • How well they pay other suppliers.​

MAKING CREDIT MANAGEMENT ACCESSIBLE TO ALL

RECENT NEWS

UNITED KINGDOM
INTEREST RATE - 5.25%

LAST CHANGED, AUGUST 2023

UNITED KINGDOM
INFLATION RATE - 3.4 %

MARCH 2024

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Contact

CONTACT US

For any Enquiries, please call or email us:

07452-948899   |   Info@noblecreditmanagment.com

our address

117 Long Beach View,
Eastbourne, BN23 5NB
 

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you can fill in the following contact:

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