The importance of good general terms and conditions for your business
Imagine this: you regularly supply products to a regular business customer and have clear agreements on delivery and payment. One day, however, payment remains outstanding. Without specific agreements on collection costs or default interest in your agreement, you are weak. You end up paying the collection costs yourself, even though you still haven't been paid. This kind of situation can have a significant impact on your cash flow and even the continuity of your business. With well-drafted general terms and conditions, you could have protected yourself and acted faster to solve problems.
The year 2025 will certainly not be boring!
The end of 2024 was dominated by the US elections. It seemed exciting, but Donald Trump won decisively. And before the inauguration, he is already making himself heard on a daily basis. Mexico, Canada and, of course, China can again reckon with import tariffs and trade restrictions. Europe, too, will not escape the dance. The war between Russia and Ukraine will be resolved within a day, while the conflict in the Middle East can count on a hardening. Some Eastern European countries are tending to move more and more towards Russia and there is now turmoil in Asia too. In South Korea and remains a guess as to how long China will leave Taiwan alone.
Good guidance
When you think of a large car service chain, KwikFit quickly comes to mind. Logically, the organisation has been operating in Europe for more than 40 years. The company serves around one million business and private customers annually, as they specialise in tyres, MOT, maintenance, exhausts, brakes, windscreen repair and replacement and air conditioning. But that doesn't mean they don't explore new markets. Quite the contrary! In 2022, KwikFit introduced an e-bike service. Always on the move, in other words!
What is working capital and why is it important?
Working capital is an important topic in the financial world, especially for companies striving for growth and stability. But what exactly does it mean and why is it so important? In this article, we dive deeper into the definition of working capital and the role it plays in a company's financial management.
Basel 4 has substantial impact on lending to companies
Since the 2008 credit crisis, European national banks have decided to take stricter measures to prevent banks from getting into financial trouble. This means that for every euro of credit they grant, banks must hold a certain percentage of capital. This is laid down in the Basel Accords. Below is a clear explanation from the Dutch Banking Association on the final piece: the Basel 4 accord.
Unimpeded business with new financing structure
Dstrezzed is a menswear brand targeting the modern adventurous man who values comfort and quality. The company was founded more than a decade ago by Eric Aarden, and now his son Teun also joins the company. They are supported by a strong management team.
PolisManager: save costs and simplify your credit insurance
With PolisManager, your credit insurance is managed more efficiently, resulting in significant time and cost savings. Moreover, you work accurately and error-free. After you have taken the first step towards optimal credit management with credit insurance, PolisManager will help you do so even more effectively.
The relationship between funding and the level of credit limits
Business owners who have flexible debtor financing based on their debtor portfolio often also have credit insurance for those same debtors.
State of our economy
There are clear differences in the various Dutch regions. Whereas Rabobank assumes that the overall Dutch economy will grow 0.6 per cent this year, there are clear differences in the various Dutch regions.
Help! My limit application has been rejected (or only partially approved)
Don't panic! Applying for a credit enhancement, possibly with additional Top-Up cover, takes you through four steps: