The recognised standard
in credit management
Established in 1939, the Institute of Credit Management is Europe's largest association for the credit management profession

ICM and BIS Minister’s Cashflow Tip

Press release – 7 January 2014

The Institute of Credit Management (ICM) and Matthew Hancock MP, Minister of State for Skills and Enterprise, have published their monthly ‘tip’ for small businesses to better manage their cashflow.

 “You wouldn’t lend money to a man in a pub if you didn’t know who he was, where he lived, and if he’d be able to repay you, and when. Don’t supply goods or services without being able to answer at least the same four questions.”

The cashflow ‘tips’ are derived from the series of Managing Cashflow Guides published by the ICM for BIS, of which there have now been more than 450,000 downloads.  For further information, log on to




The Institute of Credit Management (ICM) is Europe’s largest credit management organisation, and the second largest globally. The trusted leader in expertise for all credit matters, it represents the profession across trade, consumer and export credit, and all credit-related services. Formed over 70 years ago, it is the only such organisation accredited by Ofqual and it offers a comprehensive range of services and bespoke solutions for the credit professional as well as services and advice for the wider business community, including the acclaimed ICM/BIS Managing Cashflow Guides (

For news, views and updates, follow the ICM on Twitter at

For further press information, please contact:

Sean Feast or Alex Simmons, Gravity Public Relations – 0207 330 8810 –