Economic agents often resort to deferral of payments to partners when faced with an unstable economic environment at the global and national level, coupled with a restricted access to credit resources. This method is used by small and medium enterprises, and in some cases by large ones, in order to get access to interest-free cash for working capital. Thus, the economic burden is passed on to the supplier, who in turn experiences a deficit of financial resources.
Agency for Control of Outstanding Debts and its know-how, which is tailored to and based on the situation on the ground in Bulgaria, in the context of crisis over the last 5 years, will help you to manage your company’s finances, as we will provide continuity of payments to you from your partners.
As a financial service provider Agency for Control of Outstanding Debts will help you establish a system for assessing current and future partners in order to reduce the probability of nonpayment for the services you provide to third parties.