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On this Podcast we take a ”Debt Deep Dive” with hosts Todd Davis and Kia Thompson delve into the complex issue of debt and its impact on individuals and Businesses as a whole. With their expertise in finance and personal experiences with debt, Rob and Kia provide listeners with valuable insights and practical advice on how to navigate the world of borrowing and lending. They explore the different types of debt, its causes and consequences, as well as strategies for managing and reducing debt ...
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This blog post from Corporate Debt Recovery Limited discusses the importance of debtor tracing in the UK. The post explains that the process involves locating individuals or businesses who owe money to creditors, often using techniques to find their current addresses and contact details. The author argues that debtor tracing is crucial for business…
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This episode offers advice on how to get out of debt and achieve financial freedom. It outlines ten strategies, including creating a budget, stopping credit card use, negotiating lower interest rates, considering debt consolidation, increasing income, prioritising debts, exploring balance transfers, cutting expenses, seeking professional help, and …
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As a business owner, one of the most concerning situations you can face is when one of your customers goes into liquidation. It can be a major blow to your finances and operations, leaving you wondering what to do next. But in these situations, it’s important to stay calm and take the necessary steps to protect your business. In this blog, we’ll di…
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From September 2024, SMEs aiming to go public must meet new free cash flow to equity (FCFE) requirements. Our latest blog post delves into these regulatory changes, their impact on financial planning and IPO eligibility, and provides practical advice for businesses to prepare for these new standards. Learn how to strategically manage cash flow, enh…
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Discover proven strategies to prevent unpaid invoices and maintain healthy cash flow in your SME. Learn how to set clear payment terms, implement structured follow-up processes, utilise credit checking services, and leverage professional debt recovery expertise for optimal results. One of the most effective strategies for preventing unpaid invoices…
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Navigating the complex landscape of international debt recovery amid IMF renegotiations: How SMEs can strategise to overcome economic instability and secure financial health. Recent warnings from political leaders about the risks associated with renegotiating with the International Monetary Fund (IMF) highlight a critical issue for international ec…
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If you’re a business owner in Manchester, you know how important it is to maintain a good cash flow. However, sometimes despite your best efforts, clients or customers may fail to pay their dues on time, leading to a strain on your finances. In such situations, it becomes crucial to seek the help of a debt recovery agency. And if you’re in Manchest…
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Credit card debt is a major issue that affects millions of people around the world. With high interest rates and tempting offers, it’s easy to fall into the trap of overspending and accumulating credit card. However, this debt can quickly become overwhelming and difficult to manage, causing stress and financial strain. If you’re currently strugglin…
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Discover the latest governmental measures aimed at reducing the burden of late payments on small and medium-sized enterprises (SMEs). This blog post explores the proposed policy changes, their expected benefits for businesses, and how Corporate Debt Recovery Limited can assist SMEs in adapting to the new financial landscape.…
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