Credebt brings receivables risk management expertise to Finance Connect

Finance Connect is delighted to welcome Credebt as its latest associate member, strengthening the organisation’s growing receivables finance community with specialist expertise in receivables risk management and invoice finance.

Established in 2009, Credebt has developed into one of the UK’s leading providers of Receivables Risk Management services to invoice finance providers. Its experienced team works with funders and their clients throughout the lifecycle of a receivables finance facility, with every member of the team bringing at least 15 years’ experience in credit management or invoice finance.

Credebt has recovered more than £1 billion across over 4,000 cases, covering businesses of different sizes, industries and circumstances. Its track record includes 93% of collect out cases resulting in the funder being repaid in full.

The company’s services span the full receivables risk management lifecycle, from supporting new business and businesses switching providers through to addressing challenges with live clients, distressed business support, fraud detection, contingency planning and collect outs.

As an associate member of Finance Connect, Credebt will become part of its expanding receivables finance community, providing opportunities to strengthen existing industry relationships, develop new connections and contribute specialist insight to Finance Connect’s events, content and industry discussions.

Edward Peck, Founder and CEO of Finance Connect, said: “We are delighted to welcome Credebt as an associate member of Finance Connect and to add their considerable expertise to our growing receivables finance community.

“Glen and the team have extensive experience working alongside invoice finance providers and understand the challenges facing funders and their clients throughout the lifecycle of a facility. Their practical knowledge of receivables risk management will bring an important perspective to our community, and we look forward to working with them to encourage greater collaboration, knowledge sharing and engagement across the receivables finance sector.”

Glen Morgan, Managing Director of Credebt, said: “Credebt are excited about becoming a member of Receivables Finance Connect and look forward to developing our relationship further with other members, most of which we know well having worked for them for many years.

“The independent invoice finance industry has missed out on a body to properly represent them in recent years and we are hopeful that Receivables Finance Connect will be that body, so to become a member was a no-brainer for us.”

Finance Connect’s growing focus on the receivables finance market – Receivables Finance Connect – provides a dedicated platform for funders, brokers, advisers, technology providers and other industry specialists to connect, exchange knowledge and address the opportunities and challenges shaping the sector.

Credebt’s membership adds an important risk management perspective to that community. Alongside its work with new and existing clients, the company supports funders dealing with distressed situations and potential insolvencies, with its collect out services typically completed within three to four months.

For more information, visit https://credebt.co.uk/ or follow Credebt on LinkedIn.

To learn more about becoming a Finance Connect Corporate or Associate Member, contact Joe Nilsson, Business Development Director, at +44 (0) 7379 096 111 or via email at joenilsson@finance-connect.com.