CASH - the “Oxygen” of Your Business!
More businesses fail because of poor cash-flow than for any other single reason. It is crucial to ensure that any business has sufficient funding in place to meet current and future obligations and to provide for expansion.
The reaction of many business people to a cash-flow problem is to seek externally-provided business finance in one form or another – an overdraft, a term loan or perhaps to enter into a conventional factoring / invoice discounting arrangement.
In the of the liquidity crisis, banks and most other commercial finance providers now operate a highly conservative lending policy. Moreover, the cost of such commercial finance lines are often prohibitive particularly for the smaller business.
However, the solution can be close to hand, without expensive recourse to commercial finance. This is for businesses to make an effective use of their most immediate asset – TRADE DEBTORS!
CPA (PAID) is the debt purchase division of The Credit Protection Association Plc. The Credit Protection Association was established in 1914 and has assisted over the years tens of thousands of businesses to improve their cash and profitability, to reduce dependency upon other sources of commercial finance.
PAID enables CPA’s members to improve their cash-flow by making use of a unique service which meets all the credit management needs of a growing business at an affordable cost! The service has 3 special features;
● INFORMATION - High quality credit and commercial information, which transforms the level of customer and market awareness.
● COLLECTION - Cost-effective overdue account recovery, which retains the goodwill of customers – yet enhances cash-flow to the maximum.
● PROTECTION - Protection through purchase of uncollected debts by CPA (PAID).
Moreover, the efficient use of PAID enhances the management skills of PAID’s clients. It helps to achieve the right balance between increased sales and credit risk; better information combined with the knowledge that the supplier has access to one of the most-effective and proven account recovery systems in the UK. Indeed, businesses can trade with confidence and a new degree of professionalism through the use of excellent credit management systems.
The outcome is greatly improved cash-flow, increased commercial discipline and substantially reduced costs – without the need for external commercial finance or the involvement of other third parties.
See here a video telling you more about the CPA PAID service for different types of businesses.
Now see some of the many favourable testimonials that PAID clients have said regarding the PAID service.
“We have a large expanding and diverse customer base in a fast moving sector of the food industry. We want to expand sales, but do so on a controlled basis, and we need to check new accounts. The PAID credit-assessment serves us well and the debt purchase facility provides us with the element of security we need.”
Financial Director
Wholesale Food Distributors
Berkshire
“We’ve been associated with PAID for a long time and our debtor days have fallen dramatically.”
Managing Director
Storage Systems Manufacturer and Distributor
Hampshire
“We have been a PAID member for a number of years now and have always enjoyed a close relationship with PAID management and staff….the service (has) contributed to the expansion of our business that has taken place in recent years.”
Managing Director
Timber and Building Supplier
Lancashire
CPA (PAID) ticks all the right boxes!
So when you feel any cash-flow pinch or before it happens, you can find out now how to use your human and financial assets already to hand.
BEWARE! Do not rush headlong into expensive forms of alternative commercial finance. You do not need or suffer a “Spanish Inquisition” type treatment from your Bank Manager.
We have a Nationwide network of offices and Account Managers who can call and discuss our services with you without delay, so simply call John at CPA (PAID) on 07711 -707295 to arrange a without-obligation meeting with a local representative.
Alternatively, please email john.cpa10@gmail.com giving your name and telephone number and we will contact you directly.
PAID - Professionalism and Quality Advice For Your Business
Business Finance and Cashflow Services
A Division of The Credit Protection Association
