CREDITFOCUS
Our credit management service
Late payments and bad debt are two of the most common causes of business failure in the UK. That’s why we developed CREDITFOCUS. It's a comprehensive and easy-to-use online credit management service that protects you by checking, monitoring and chasing the businesses you trade with.
Check your customers
CREDITFOCUS allows you to control your risk by credit checking your customers, so that you can:
- Verify that they’re genuine businesses
- Know how likely they are to go out of business
- See how quickly they pay other suppliers
- Extend more credit to your most financially stable customers
Monitor your customers
CREDITFOCUS automatically monitors your customers’ credit ratings and sends you an email alert whenever these change. It looks for:
- Changes in your customers’ credit ratings
- Bankruptcy orders
- County Court Judgments (CCJs)
- Winding-up petitions
- Termination of activity (liquidations)
- And much more
Chase your customers
CREDITFOCUS allows you to chase unpaid invoices.
Barclays customers signed up to creditfocus classic can instruct a leading debt recovery solicitor to send one free debt recovery letter to your customer.
Unlimited solicitors' letters can be sent with CREDITFOCUS Pro.
Unlimited credit management service with CREDITFOCUS Pro
CREDITFOCUS Pro allows you to:
- Credit check as many customers as you want
- Enjoy automatic credit monitoring of all your customers
- Send unlimited debt recovery solicitor’s letters to chase unpaid invoices
It costs just £15 + VAT per month (or £10 + VAT per month if you're a Barclays Business customer).
Try CREDITFOCUS Classic free
CREDITFOCUS Classic is available at no cost until 30 June 2012 to Barclays Business customers with a turnover of less than £1 million.
It allows you to:
- Credit check up to five customers
- Automatically monitor the credit ratings of these five customers
- Send one debt recovery solicitor’s letter