We have a specialist team, overseen by Daniel Baum, the partner responsible, that acts on behalf of trade organisations and businesses to help them measure the credit worthiness of their members or customers/clients.
We can actively manage the whole process, including the administrative role, or restrict ourselves to a review based on information provided.
This service is most valuable where businesses are giving credit to their customers and want a professional and knowledgeable assessment. This can be done in-house, but the costs may outweigh the benefits and so outsourcing this resource makes commercial sense.
Trade organisations may restrict their membership by applying a stringent solvency test, thus excluding those who present a credit risk. We have a team, with the requisite experience and knowledge, to carry out this assessment process on their behalf.