There are lots of different factors that can affect how a business’s credit score is calculated. Our infographic looks at some of these factors that as a small business you need to be aware of.
Take a read of this Ask the Experts article by credit management expert Steve Savva, where Steve looks at the effects of optimising profit through effective credit management. How to optimise profit through effective credit management – ask the expert via How to optimise profit through effective credit management — Ormsby Street
We’re excited to have rolled out a new feature within CreditHQ, connecting data from a business’ accounting software with our credit data in order to analyse financial risk and suggested courses of action in order to get paid sooner. In Beta Testing with a selected group of CreditHQ users is our integration with Xero, one […]
We’ve all heard it before – ‘Cashflow is the lifeblood of any business” and it’s true, so we should do everything we can to ensure the money keeps coming, however we’re soon to be entering the season when a Christmas is going to get in the way. Many businesses will shut down for the festive period, […]
Whether you’re a brand new small business or a more established SME, one of the main worries facing all business owners, has to be building up your credit score and avoiding getting into debt. Here’s a few tips to help you on your way… 1) Know your own credit score. It’s vitally important to be […]
Most small business owners get told that it doesn’t matter if they have a good idea or great service but what really matters is that they have an effective cash flow or else they won’t survive. And it’s true, cash flow is the lifeblood of any business, and as such we should do everything we can […]
If businesses in Cambodia can pay on time why can't businesses in Cambridge?
UK freelancers are increasingly struggling with late invoice payments, with around half admitting they have considered quitting life as a freelancer because of worries over continued late payment, and 46% stressing about having enough cash to live on. Our latest research here at Ormsby Street, also reveals that one in ten freelancers have faced difficulties paying […]
German small businesses now able to use award-winning credit-checking tool, CreditHQ CreditHQ is now available in Germany, as part of a new partnership with one of Germany’s biggest banks. CreditHQ allows a small business to check the financial health and credit status of any customer or partner and will be available to the small business customers […]
Swansea and Southampton top premier league of invoice payment! by Jane Hewitt As this year’s football season reaches an end, here at CreditHQ we thought we’d take a look at how good the top football clubs are at performing where it matters – in the payments department! Small businesses wait on average, 72 days for payment […]