CCP credit corp group limited

Ann: COVID-19 - Credit Corp withdraws FY20 guidance, page-54

  1. 625 Posts.
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    Hmmm depends there are many sides the story.

    How do you feel about small to medium size business that make sales to customers only for those customers to turn around and refuse to pay? These businesses may not have the expertise nor the time to enter into months of negotiations to collect their money.

    These companies can sell the debt to a factoring business and be paid up front and allowing them to continue on with their operations and and make timely payments to their staff and employees.
 
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