Credit Information Service
The Federation produces a range of credit information services to contributing companies that give a confidential analysis of details submitted. This is available in the play sector. Each month, members are asked to provide details of debts where legal action has been taken to recover the amount outstanding. The information is then collated and circulated to participating members in the form of a report.
The purpose of the scheme is to assist members in assessing whether or not to allow a company or individual credit terms.
How it works
Participating companies are asked to include:
Companies must exclude:
- Cases in dispute
- Cases put into hands of credit agencies
- Cases where debit is less than £100
A monthly report will be sent to participating members, including companies sending "Nil" returns. This monthly report will include the number of mentions (eg where a company is mentioned by more than one member and the amount of debts given as an aggregated sum). The report is confidential and for members’ use only.
"I find attending the credit circle meeting and the information given and received is invaluable." - Ella Girvan, Daiwa Sports (ATA)
Using this Benefit:
For further details on the Credit Information Scheme contact Janet Stranks
Federation of Sports and Play
, Rural Innovation Centre, Unit 169 - Avenue H, Stoneleigh Park, Kenilworth, Warwickshire, CV8 2LG | T 024 7641 4999 | firstname.lastname@example.org