If you are starting a new business it is vital to get your credit management systems set up and running efficiently right from the start. Before you have even secured your first customer there is plenty of groundwork to do such as deciding on what your own terms of trade will be, which will set the parameters under which you are willing to do business.
With new businesses, most of your customers may be unknown to you, and asking for even basic information will help you assess whether the risk of providing them with credit is commercially viable. This area of the site is designed to help new businesses with the basics required to help establish a sound credit management system. More detailed information on other credit management tools and the late payment legislation can be found by returning to the home page or visiting the following site map
Payontime.co.uk is owned by The Credit Protection Association Limited – Company Number: 217953
Address: CPA House, 350 King Street, London W6 0RP - Tel: 020 8846 0000
VAT number: 243 1228 00
The Credit Protection Association Limited is registered with the Information Commissioners Office: Reg number: Z7497476
Parts of this website such as the calculators are registered with the UK Copyright Service: Acc Number 121641 – Reg number 339668