A restriction in cash flow can cause larger problems for the everyday operations of your business, including being able to pay your own staff, pay third-party vendors, invest in more stock, and can affect repayment interest on company loans. Having money ‘slip through the gaps’ because of late or null payments can end up costing businesses more than the original value of the money owed.
Our commercial law team can assist with helping to recovery monies on a one-off or ongoing basis. We offer full service solutions, including guidance and support to negotiate informal repayment plans, sending out letters before action or Debt Relief Orders, responding to bankruptcy notices or commercial lease forfeitures, instigating litigation where necessary, or building in business capacity to manage periods of low cash flow.
If your business is experiencing insolvency issues from individuals or companies, talk to our commercial law team today to see how we can help on 0808 196 3305.