Let’s Bust Some Commercial Debt Recovery Myths
We’ve received some interesting feedback on a few polls that we’ve been running over the last couple of weeks and the results were calling out for some detailed responses. So here is our attempt at trying to bust some commercial debt recovery myths. I can deal with my debt recovery myself Whilst we agree with […]
Business Distress Index Paints a Brighter Future for SMEs
Real Business Rescue published their widely anticipated Business Distress Index for Q2 2021 last week. Despite a slight rise in insolvencies, the statistics are incredibly encouraging for the future of business post-pandemic. The Business Distress Index paints a brighter future for SMEs and we take a look at the stats in more detail and discuss […]
Late Payments Are Causing Issues for SMEs Accessing Funding
Recent research from the British Chambers of Commerce (BCC), Funding Circle and MBH Corporation has revealed that SMEs are concerned about gaining access to funding. The last eighteen months have been a difficult time for many SMEs, with the next few months ahead still looking uncertain. The anticipated closure of the furlough scheme and reintroduction […]
What does the government’s proposal for COVID-19 rental arrears mean?
The government published their findings last week from a consultation with the real estate industry. The consultation was to help determine how best to move forward after the impact of COVID-19 and the unavoidable delays that tenants have faced when paying their rental bills. What does the government’s proposal for COVID-19 rental arrears mean? The […]
What are the Most Interesting Forms of Commercial Debt Recovery?
We’ve been inspired by a story that hit the news this week and we wanted to share some of the most interesting forms of commercial debt recovery that we’ve witnessed over the years. Although we’ll leave the judgement up to you… Angry builder uses digger to destroy new apartment block after developer owes him £4.2m: […]
My Debt Recovery New Address: Moving On Up
We’ve got some exciting news at My Debt Recovery HQ. This week we’ve been settling into our brand new home and now we’re ready to tell you all about it and what it means for the business and our customers! So, if you need the My Debt Recovery new address, you’ll now find us at: […]
Business Tips With Sean: Part Two
We hope you enjoyed the first part of our business tips with Sean in Q1. We’re back this quarter with more insider information to help you start and grow a business by tapping into our director, Sean Husband’s knowledge. Let us know if there any questions you’d like us to answer next time and we’ll […]
Moving the Goalposts: What do the extensions to the CIGA mean for me as a creditor?
We know that the pandemic has been a tough time for us all, both in our personal and professional lives. It has been particularly worrying for business owners, especially those who have been directly affected by business closures, temporary or permanent. To mitigate a lot of these issues, the government introduced multiple measures and financial […]
SMEs Are Concerned about Funding: How Can We Help?
As reported last week by City A.M., London’s financial and business paper, SMEs are concerned about funding and how they will access funding in the future. Their main concern is the ongoing struggle with late payments and the direct impact this is having on cash flow. A study from MBH Corporation backed this up with […]
Is your commercial debt recovery provider legitimate?
Debt recovery is surrounded by myths and misconceptions and finding the right partner to work on your behalf can be a difficult task if you don’t know where to begin. This has not been helped by the recent publicity surrounding Global Investigations and Recoveries Limited and their behaviour that was, shall we say, less than […]