The Stats Speak For Themselves…

The profound effect a Letter Before Action (LBA) can have is clear to see.

As all small business owners know, cashflow is crucial to the success of your business and insuring that your invoices are paid promptly can be crucial to maintaining a healthy cashflow

Regardless of how large or small the sum, an LBA as a starting point may be the only action needed to ensure that your debts are Paid in Full (PIF). Instructing a firm of Solicitors may be just the push that your debtors require.

Two-thirds of LBAs sent will result in a small business being paid within seven days, while two-thirds of overdue invoices will remain unpaid after one month if no LBA is sent,

https://www.creditman.co.uk/news/twothirds-of-solicitors-letters-result-in-payment-within-seven-days-for-small-businesses-chasing-late-invoices/