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 – 16 September 2013

The Institute of Credit Management (ICM) and the Minister of State for Business and Enterprise Michael Fallon have published their monthly ‘tip’ for small businesses to better manage their cashflow.

“Don’t continue supplying a customer who’s not paying unless there’s a good reason and you’re confident they can.  Allowing the debt to get older and bigger is definitely not in your interest.”

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 http://www.icm.org.uk/resources/cashflow-guides/

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 (www.icm.org.uk) as well as services and advice for the wider business community, including the acclaimed ICM/BIS Managing Cashflow guides.

For further press information, please contact:

Sean Feast or Alex Simmons, Gravity Public Relations – 0207 330 8888 – mediaenquiries@icm.org.uk

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