CreditPal - Take Advantage, It's Free

When I wrote 'Help Yourself - It's Free!' yesterday, I got some very cynical comments from various sources on Facebook and Linked in. "There's no such thing as a free lunch" just about sums them up.

The point is that, these days, there is a lot of free information and help around for SME's - and CreditPal is a free on-line service that's really worth looking at if your are running a small or medium-sized business. CreditPal costs nothing - and using it could get your Company the financing or credit insurance it wants or needs.

You can find out more about CreditPal by going to http://www.creditpal-online.com/why-use-creditpal. You'll find a brochure in pdf format that explains how the system works.

What particularly struck me when I began to read the brochure was one of the headings. It was right at the beginning, and it read: CreditPal enables you to access the best credit and finance for your business. I liked that. I also liked the fact that CreditPal seems to be providing a learning environment.

There is, of course, an 'upgrade' - there's always an 'upgrade'. But you don't have to go for the 'upgrade' right away. Take the free lunch! Once you've worked your way through the starters and the main course, you might want to consider paying for the dessert.

Help Yourself - It's Free!

The The Institute of Credit Management has created a series of guides designed to keep the cash flowing. Subjects include:

• Knowing your Customer
• Payment Terms
• Invoicing
• Treating Suppliers Fairly
• Credit Insurance
• Factoring and Financing
• Chasing Payment
• When Cash Runs Short
• When All Else Fails
• When Your Customer Goes Bust

You can find the guides at www.businesslink.gov.uk/creditcrunch section and at www.creditmanagement.org.uk/managingcashflowguide.htm.

New Credit Control Software for SMEs

Credit Guardian is a business credit-checking software that merges real-life accounts data with credit risk information from Experian. It has been launch by Draycir, a credit control software provider, and is intended to help smaller businesses make more informed decisions and minimise the risk of bad debt and late payment.

Credit Guardian links directly into a company’s own accounting system and merges accounts data with credit data downloaded in real time. Companies are therefore able to get a live insight into their business and trading status displayed within their existing accounting system.

For more information visit Draycir Limited.