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It`s Not Just Farmers Who Have Been Affected By Late Payments

Released on = July 21, 2006, 9:22 am

Press Release Author = On Stop

Industry = Small Business

Press Release Summary = According to recent reports, farmers across the UK are
facing the prospect of financial ruin as a result of late payments from the
government. Many of them have been threatened by their creditors and do not have
enough cash available to pay their bills.

Of course the problems created by late payments are not unique to farmers.
OnStop.co.uk, the company that helps its members reduce the risk of late payments,
says that they are a key contributor to business failure.


Press Release Body = According to recent reports, farmers across the UK are facing
the prospect of financial ruin as a result of late payments from the government.
Many of them have been threatened by their creditors and do not have enough cash
available to pay their bills.

Of course the problems created by late payments are not unique to farmers.
OnStop.co.uk, the company that helps its members reduce the risk of late payments,
says that they are a key contributor to business failure.

As a spokesman from OnStop told us:

"Just because your customers haven't paid you on time doesn't mean that your
suppliers are going to be understanding if you also pay late".

Late payments produce cashflow problems which can ultimately cause a company to go
under. So what can be done?

OnStop believes it has the answer. The company has set up a unique service designed
to reduce the problem of late payment for its members. This works in two ways:

1. OnStop sends out letters on behalf of its members to customers who owe them
money. These letters encourage the prompt settlement of any outstanding payment.

2. Onstop offers its members access to a national database of registered companies
that have not paid what they owed after receiving a reminder letter.

As a result of this service OnStop has been highly successful in meeting its stated
objective to increase the profitability of its members and to reduce their exposure
to bad debt.

For more information please visit http://www.onstop.co.uk or send an email to
admin@onstop.co.uk.



Web Site = http://www.onstop.co.uk

Contact Details = admin@onstop.co.uk.

OnStop Limited
Enterprise Way
Airedale Business Park
Keighley Road
Skipton
United Kingdom
BD23 2TZ

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