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'Failure to conduct credit checks drives many firms to insolvency'.

Publication: Contract Flooring Journal
Publication Date: 01-OCT-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
AN amazing 73% of UK companies fail to conduct credit check on new customers, says new research.

[ILLUSTRATION OMITTED]

Credit checks help protect against bad debt, says Nic Beishon, of Equifax.

Flooring contractors, especially, often battle to get paid. Small firms had to write-off almost 5bn [pounds sterling] of...

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