New Service Targets Regular Payment Defaulters

A new contract debt collection service has been launched by GERLING NCM for firms that suffer regular late payments. With the new service, customers contract out some or all of their debts to GERLING NCM for a retainer fee plus a small commission on each debt recovered. The service operates on a ‘no collection no fee’ basis. Lisa Edmonds, head of UK marketing at GERLING NCM, said, ‘Effective cash flow management is central to the operation of a successful business, and keeping your debts under control is an important part of that.’


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