The Blog

MANAGING HIGH VOLUME LOW VALUE DEBTS

A Credit Manager can:

  1. Outsource to a Debt Collection Agency.
  2. Litigate themselves.
  3. Sell their debts to a debt buyer which then collects and  / or litigates on their behalf.

Anchor Professional Services provide a service that can potentially help with either option – for newer debts no older than 6 months say. (more…)

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FUNERAL BUSINESSES

 

Funeral Businesses like yours, just like many small to medium businesses, suffer from bad debts due to people failing to pay all or part of fees for work you have done.  Anchor Professional Services Limited recognise that this is something you can “ill” afford to have happening.  We all appreciate that these are difficult times due to the Corona Virus and we are here to help.  This could range from creating your invoices and collecting fees owed.  We take a sensitive approach being mindful of a grieving process and aim to obtain a win, win situation that suits you and your client. (more…)

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DEBT RECOVERY

The present global health crisis is causing economic uncertainty across all areas of business.  Anchor Professional Services Ltd remains open for business and will continue working to secure your cash flow during these difficult times.

COVID-19 will inevitably have an impact on the debt recovery processes across all sectors. However,   businesses can do a number of things to ensure invoices are paid, recover outstanding debts and reduce the risk of cash flow shortages.

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