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S i S 1 1 lii i. ! II II Credit insurance specialist Euler Hermes
16th April 2009, Page 16
16th April 2009
Page 16
Page 16, 16th April 2009
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! II II Credit insurance specialist Euler Hermes
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Keywords :
Credit, Euler Hermes, Personal Finance, Leonhard Euler, Equifax, Credit Score, Hermes, Credit Insurance, Business / Finance
says 50% of all business failures involve customers that were previously viewed as both long-standing and prompt payers.
A Euler Hermes spokesman says: "It is a sobering thought that even the customer they thought they knew best of all could inadvertently end up being their downfall."
Nic Beishon, head of credit checking company Equifax (www.equifax.co.uk), adds: "As well as doing the initial checks, organisations can remain informed about changes to clients through ongoing monitoring, which can also include alert notifications of potential risks such as dissolved companies and overseas ownership,"
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Nic Beishon