Tags » Late Payments

Bad Credit 101: The Small Mistakes That Are Killing Your Score

Source: SuccessMagazine

You just applied for a credit card, or maybe it was a new apartment or a loan, and you got denied. DENIED. Seriously? You were totally under the impression that your credit was solid—and it just sucker punched you in the face. 662 more words


New Enterprise Bill to help small businesses settle late payment disputes

20 May 2015

In his first speech as Business Secretary, Sajid Javid has announced that a new Enterprise Bill aimed at tackling problems faced by small businesses will be brought forward and included in the Queen’s Speech. 313 more words

Suppliers advised to claim due compensation for late payments

Latest figures from a commercial debt recovery law firm has revealed the scale of debt UK businesses are dealing with due to late payments. Research also shows that suppliers are bank rolling their customers for an average of 103 days from when the invoice is issued to before they threaten legal action with a Letter Before Action (LBA). 273 more words

Positive Collections

A year in- Engineering

After just over a year as Head of Engineering at Ormsby Street, I thought it time to take stock.

The past year has flown by at a rapid rate of knots and I wanted to reflect on it and look back at how things have evolved. 330 more words

Small Business

Public Sector Contract Regulations - Prompt payment of invoices

The Public Contracts Regulations 2015, Statutory guidance for Contracting Authorities and Suppliers on paying undisputed invoices in 30 days down the supply chain has been issued, what does this mean practically? 304 more words


Ormsby Street featured in The Guardian's Startup Showcase

We were delighted to receive notification from The Guardian last week, that we’ve been featured in their ‘Startup Showcase

The Guardian’s Small Business Showcase features a wide range of categories from ‘Best Startups’ to ‘Best Marketing and PR companies’, pulling them all together in their Small Business section. 17 more words

Small Business

New CreditHQ partnership with The Formations Company, aims to address the growing problem of late payment to small businesses

Small business founders registering their business with The Formations Company, will now be offered access to CreditHQ when they form their new companies, allowing them to check the financial health of the suppliers and customers they invoice, and know whether those trading partners are likely to pay on time. 308 more words

Small Business