Creditors want cash from your company, but your business doesn’t have the money to pay the bills...
If you could only pay your bills with your products or services you could take care of all of your payable commitments easily... Right?
If your company is a member in good standing of a reputable B2B trade network, including our own, Collective Currency, our business-to-business trading platform, we can utilize creative commerce to enable you to satisfy your creditors.
Our unique approach provides you with a Credit Clearing Specialist to go through your list of Accounts Payable, contact the creditors on your behalf, and inform them that while you are unable to pay their invoice in legal tender at this time, your company has fantastic credit with our network of companies, and that you would like to offer them the opportunity to explore the possibility that there maybe products or services that they would be interested in purchasing using your good credit in the network.
It costs nothing to try, so you have nothing to lose but your debts!
You can sweeten the deal by offering your creditors a premium, at your discretion, which may help to close the deal. You may also offer a premium, in kind, to the Credit Clearing Specialist that undertakes this delicate task. The amount of the premium you offer is negotiable and dependent on the amount of payables cleared. From the perspective of the Credit Clearing Specialist, this is more challenging than clearing receivables, so the premium offered should reflect the difficulty of getting your invoices paid with products or services. Credit Clearing Specialists will assist you with AP Settlement Offers. This drives new clients into their network and generates more trading velocity. That is between you and your independent Credit Clearing Specialist, this site does not charge any cash for solving Payables, we earn trade credits on the Collective Currency transactions.