Credit Reports in Herefordshire

Where can you get the best credit reports in Herefordshire? When you join the Credit Protection Association and you have access to award winning credit information as part of your subscription. Founded in 1914, CPA understands what business owners really need. We provide hundreds of thousands of in-depth credit reports to our members as part of their subscription.

The Credit Protection Association has been providing online credit reports to its members for decades. Even years before the internet we provided credit information by direct dial in. We use a wealth of experience to provide the credit reports you need and want. While carrying all the detailed information required by a Credit Manager, CPA’s headline traffic light scoring system also gives you the key information at a glance. We are partnered with an award winning international credit information organisation to provide credit scores and limits and add information from other sources to give a fully inclusive report. Normally our partner’s information is used by the big credit insurers and banks but SME businesses are able to gain access to this information and scoring through membership to the Credit Protection Association.

If you are in Herefordshire and your business customers pay you on invoice then we can give you the tools you need to set appropriate credit policies. You are welcome to call us on 0330 053 9263 to discuss your credit report needs.

We have local representatives to help you. CPA have clients throughout Herefordshire from Hereford to Ross-on-Wye and from Leominster to Ledbury.

When you are approached by a new customer who wants to place an order, you want to be totally confident that your customer will pay you in full. CPA’s credit reports provide you with an in-depth analysis of your customer so that you can trade with confidence.

The Credit Protection Association provides small and medium sized enterprises throughout Herefordshire with all the credit management services they need, all under the one roof. Via our website, members have near instant access to credit reports. If you want, we can also provide debt recovery and credit protection services. Through our extensive experience in credit management, you will be provided with expert assistance and a tailored solution.

We can help with:
A. Bad Debt Prevention (avoiding many problems in the first place) and/or
B. Overdue Account Recovery (prompt punctual payment, whilst retaining goodwill) and/or
C. Debt Recovery (if necessary, our collection & legal professionals can act for you)

What our members say

We recently surveyed our members and when asked “How well do our services meet your needs?” 95.7% responded positively with over 52% giving the maximum result of “Extremely well”, 86.9% if you include “Very well”. When asked how likely is it you would recommend CPA to a friend or a colleague?”, 91% responded that they would do so. And when asked “how many stars out of 5 would you give CPA?”, remarkably there were no scores below 3 out of 5, with 9.1% giving us 3 out of 5, 27.3% giving us 4 and 63.6% giving us 5 out of 5!

“It is easy to navigate my way around the new website and the layout is very effective. The layout of the reports is well done and provides clear information. I am able to find all the information I require to make the necessary decisions regarding the credit our company issues to a customer.   I have been utilising the monitoring service provided and am able to deal with any issues arising with our customers much more efficiently. Our cash flow has increased because of the services provided by CPA and as such I would recommend CPA to other companies.” ~ Builders Merchants

“I am just writing to you to thank you and the team at CPA for all your hard work and help you have given us. You and the team have always been there to help us. We still use the CPA system to help us with all new inquiries that we may have from potential new customers. We are constantly monitoring all our new credit customers and find the daily updates from that very helpful. Once again than you for always being there for us with your lovely smile and your wonderful knowledge.” ~Credit Manager

“We have been a member of CPA since May 1994 and have been provided with an excellent service. The online system is user-friendly and efficient and provides status reports whenever required. Communications are always first rate. We have had a high success rate of debts resolved.” ~ Senior credit controller

Why you should call CPA without delay

If you could be absolutely certain that every customer would pay on time, running your business would be much easier! In reality, it’s difficult to know up front who is going to be a model payer and who is going to make you jump through hoops for what you are owed. It is as though you have to work twice over for the money. Bad payers can cause a cash flow crunch and sometimes leave creditors short to invest in their business or even pay their bills. A very slow payer also takes up valuable time and energy in chasing payment. It is a distraction from building a business. In addition, if bad payers turn into non-payers because they go insolvent then that will cause even more stress. Many of these business failures were predictable and therefore avoidable. CPA’s credit reports will help you identify the risks so you can trade with confidence.

Questions people ask themselves can be:

“Would we be concerned about using credit reports as part of our business process?” and “Will it mean we have to refuse business?” and “Is it applicable to our type of trade?”

we answer:

Using credit reports does not mean business will be lost – to the contrary! It will help set appropriate credit policies and credit limits for each customer so that they do not over extend themselves and take credit that they cannot afford. It may mean the supplier needs alternative payment arrangements or requests personal guarantees. Using credit reports helps establish the exact identity of the people they are trading with and an insight into debtors’ financial situations. CPA can also notify you of any changes to each businesses monitored through us. This means the supplier actually has the confidence to take on business they might previously have turned down.

Read our blog – Sales Verses Credit – Getting The Balance Right

Read our blog -How to Interpret a Credit Report.

Read our blog – Why should you monitor your business partners?

see our other blogs

click to see read about our successes

Please call us on 0330 053 9263 for a no obligation discussion of your credit report requirements. Alternatively, either email us or use our contact form.

At The Credit Protection Association, we provide solutions, advice and back-up in all areas relating to the supply of services or goods on account. You will have access to everything you need to reduce debtor days and write-offs from a single source.

Sleep better at night and stop worrying about having issued credit to firms who may not pay you….

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