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A wood moulding company has safeguarded its future growth after protecting its cash flow prior to a customer’s insolvency
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A new report from the Office of National Statistics has revealed almost 300,000 businesses were declared insolvent in 2010 - a rise of 20,000 compared to the previous year
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New figures show that businesses in the North of England had a higher number of insolvencies in November compared to the South
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Statistics showing insolvencies in the third quarter of 2011 were published on the 4th November by the Insolvency Service.
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Businesses are advised to prepare now for the winter months, to minimise risk of bad debt and ease cashflow worries
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Larger companies are financially stronger than a year ago, with insolvencies down
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Credit insurance deemed more essential than ever as the majority of SMEs negate necessary customer credit checks, risking bad debt
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An industrial container company has safeguarded its future growth by protecting its cashflow from customer insolvency
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As SMEs welcome news that new EU legislation is to be introduced, setting 30 days as the standard company payment term, businesses are advised to utilise credit insurance
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As the latest figures from the Insolvency Service show that corporate liquidations are on the increase compared to Q1 2011, firms are advised to protect cash flow with credit insurance