Businesses warned following bad debt spike

By Adeline Teoh · 5 April 2011 · Cashflow

Full details: Businesses warned following bad debt spike

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Summary

Figures recently released by National Credit Insurance (Brokers) showed that the number of bad debt claims in February 2011 is almost 80% higher than claims for the previous month. The spike has caused cash flow finance specialist Oxford Funding to warn businesses to keep an eye on their debtors.

Tags: Australian Taxation Office, bad debt, Bad Debtors, Cash Flow, Cash Flow Finance, Cash Flow Management, Debt, Debtor Management