The last 12 months have been tough for many businesses and most of us are still adapting to the ‘new normal’. As your accountants, TWP have continued to take steps to help you face the future with more certainty and confidence. As such we have teamed up with Capitalise who are offering a credit score improvement service, as well as sourcing finance for our clients and a debt recovery service.
Through Capitalise, we are able to review your credit rating and if you are not in the top A* or A bands can look at ways to potentially improve this for you.
A poor business credit score can result in the following:
- Not being able to access lending (including the new recovery loan scheme)
- High-interest rates on borrowing
- Low/no supplier limits meaning you may have to pay for goods/materials upfront
- Failure to win new business (potential clients will often look at credit scores before engaging with suppliers)
If you are interested in seeing how your business credit score can be improved, please contact your usual contact at TWP – we will then pass your contact details onto a member of the extended team at Capitalise who will then get in touch with you, provide you with a report of your credit rating across the 5 main agencies and arrange a call to discuss how they can help.
Just to be clear, there is no cost involved for the initial stages. If there is something to be done and you would like work to be carried out to improve your credit score, then Capitalise will discuss costs with you.
Any questions, please contact your usual contact at TWP Accounting.