I recently met with a well-established and successful Law firm in Sydney's Inner West. They were having trouble collecting debts and asked EC Credit Control for help in collecting them. As part of my consult I asked for a copy of their Terms of Trade documentation and noticed a number of key clauses missing. This meant they were lacking any real â€œteethâ€ or consequences to impose on their debtors. Even solicitors can suffer cash flow issues from a poor contract!
We have since been able to assist the Law Firm in tightening their Terms of Trade documentation. This has given the Firm real consequences they can impose moving forward for any debtors who do not pay them when expected. We have also been successful in recovering some of their current debts, providing their cash flow with a timely boost. Wherever you are located in the Inner West of Sydney, whether you are a Lawyer, a Tradesman, or any other type of business who provides credit, we can help you improve your cash flow and protect your business.