Credit checking aids BWF members
Published:  13 November, 2009

LONDON: The British Woodworking Federation has reported that a free credit checking service, launched in July, is proving to be a hit with its members.

Dozens of members have been logging onto the recently revamped website to assess the financial credentials of new and existing customers.

It enables BWF members to limit their exposure to outstanding debt and is just one of the services provided by the BWF in its drive to help members maintain and increase their sales and profitability.

Since its launch in July, a total of 2756 reports have been run – an average of 45 a day.

According to Richard Lambert, chief executive of the BWF: "We had been hearing horror stories from members who had completed work for customers only to find that they are unable to pay their invoice. This new service will continue to safeguard the financial position of our members in the current economic climate and beyond."

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