In the event of a customer falling into formal insolvency, a bad debt protection facility provides you with peace of mind.
Net Lending Figures refer to gross lending less repayments and other adjustments (e.g. for bad debt write-offs ).
Net Lending Figures refer to gross lending less repayments and other adjustments (e.g. for bad debt write-offs).
Put the money you would have given to an attorney toward paying off the bad debt in order to edge closer to raising your score.
They handle approving expenses and payments, monitoring the flow of revenue into the company, keep up with bad debt and monitor key financial indicators.