Most Popular White Papers
Credit check hike on companies in slowdown.
M2 Presswire, January, 2008
 | Content provided in partnership with |  |
M2 PRESSWIRE-16 January 2008-Bridging Finance Limited: Credit check hike on companies in slowdown(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:15012008
LENDERS are predicting a massive hike in the number of companies performing credit checks on their suppliers and business contacts in 2008.
Last year, there were estimated to be over 25 million credit checks per year* performed on UK companies but Bridging Finance Limited predicts a 100% increase.
Gloomy economic predictions and the threat of recession means firms are protecting themselves from unforeseen credit traps.
...
Read the rest of this article with a Free Trial at HighBeam Research.