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 monthly cashflow ‘tip’ to small businesses

Press Release – 22 May 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.

“Don’t just wait and hope to receive payment of a large invoice. It’s your money and it should be in your bank account, so ask when you’re going to be paid and follow up to make sure you are.”

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 500,000 downloads.

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About

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 (www.icm.org.uk).

For news, views and updates, follow the ICM on Twitter at www.twitter.com/ICMorg

 

For further press information, please contact:

Sean Feast or Alex Simmons

Gravity Public Relations

T: 0207 330 8888

E: mediaenquiries@icm.org.uk