Kings Ransom

It is horrible when you are on the receiving end of someone else's inability to budget or manage to pay for your goods or services. Bad debtors are usually the cause of responsible businesses having to 'go to the wall'.

None of us would dream of going to the supermarket and taking food and provisions without the ability to pay for it, so why do businesses of all sizes presume it is ok to set up an account and then fail to pay for the goods when the due date is up?

As businesses we all need work and we all need paying, but in many cases we are all too busy working in our businesses to realise that invoices have not been paid, putting us then in the position of having to spend unnecessary time chasing for payment, when what we should be doing is earning a living.

For those of you who are or have felt the pain of bad debts, there is a very effective way of managing them either now or in the future.

Kings Ransom was formed over 25 years ago to perform the necessary task of managing cash flow for small and medium sized businesses. Their success is well documented by testimonials from their very happy client list who now use them for not only the collection of bad debts but also to perform credit control in the name of your company, which often leads to the
payment being made before it ever becomes a problem debt.

The best news of all is that they only charge their clients when they collect and in many cases, Kings Ransom will try to recover their costs from the debtor so you don't have to forfeit any of the monies you are owed. For credit control this is charged on an hourly basis, but worked to the nearest five minutes - so if we work for 4 mins, you will be charged for 5 mins, but if we work for 7 mins, you will still only be charged for 5 mins.