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This report will let you know if the company has any negative information on their credit file such as court judgments, payment defaults, mercantile inquiries or insolvency notices.
What are Alerts. Alerts will help you find out if a company is in financial distress. CreditorWatch will monitor the company for you and send you an email or SMS alert if anything important occurs to them. Alerts will be sent for: Payment defaults, Court judgments, Mercantile inquires, ASIC Company changes (directors, addresses or shareholders) or Insolvency notices. How is the document delivered. The report will instantly be available to view online or download as a PDF.
Lender-approval and loan terms will vary based on credit determination and applicable state law - they may offer loans with fixed rates from 6 to 35 APR. The lender's approval process may take longer due to additional documents being requested. © 2017 Solution Loans. All Rights Reserved. Warning: Why a Cash Trap Must be Avoided at All Costs. For an owner, youll never feel quite as hopeless or helpless as when your business is caught in a cash trap.
Whats truly frightening is that many owners dont know what a cash trap is and more importantly what to do if theyre stuck. So what is a cash trap.