Is an Unfair Credit Rating Squeezing Your Cash Flow?

6 July 2020

Cash is the lifeblood of all businesses and is hugely affected by your terms of credit with suppliers and customers.

In turn, terms of credit will often be influenced by a business’ credit rating from one of the main rating agencies. These agencies will generally use publically available financial data to help them set a credit rating. If quality data is not available, or is incomplete, the agencies will take a very conservative view on a company’s credit worthiness.

What many businesses don’t realise is that ratings differ from agency to agency and your credit rating can be adversely affected without your knowledge and without any changes occurring in your business. In fact, the first you may hear is when a supplier reduces your credit limit or payment terms, or your credit insurer instructs you to reduce credit facilities for one of your customers.

This situation is becoming all too common but there is a way to improve or repair your credit rating to help you obtain better payment terms or improved and cheaper access to finance from lenders.

Our specialist Credit Insurance team have partnered with credit experts, Lightbulb Credit, who have already helped thousands of UK businesses improve their credit rating.

They will provide a free initial assessment and will agree with you at the outset what improvements can be achieved and what fees would be payable if they succeed. You’re then free to decide if this service is right for you.

Offer Details

If you’re interested in exploring whether your credit rating could be improved please contact Umberto Oliva, Director - Trade Credit Division on his details below.

Umberto Oliva

Director – Trade Credit

E: umberto.oliva@verlingue.co.uk

M: +44 (0) 7887 896 164

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