The Credit Protection Association plc

For Membership details, phone

020 8846 0000
Wednesday 10th March, 14:19
Members' area
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Head Office

CPA House
350 King Street
London W6 0RX

Tel: 020 8846 0000
Fax: 020 8741 7459

CPA (PAID)

PAID turns the possibility of payment into certainty...
 
 
 

Since 1991, thousands of U.K. businesses have become Members to protect their sales ledgers and enjoy peace of mind.

CPA (PAID) binds together THE 3 FUNDAMENTALS OF CREDIT MANAGEMENT for the benefit of businesses which provide commercial credit to their customers.

1. INFORMATION
As a Member you have full access to CPA's StatusReportLINK, so you can make informed credit decisions on both new and existing customers. You can examine limited & plc companies, partnerships even sole traders.

2. ACCOUNT RECOVERY
Members have use of CPA Online's DebtRecoveryLINK whenever accounts exceed their agreed terms. On average, this resolves over 84% within days yet still retains customer goodwill.

3. PROTECTION
Unique to the PAID service, should there be no satisfactory results following the DebtRecoveryLINK process, PAID members can under the terms of the agreement submit their debts for purchase by PAID.
Through this arrangement PAID purchase 90% of their value, per pre-agreed limits.

BAD DEBTS BECOME PAID'S PROBLEM, NOT YOURS!





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"We have been with CPA for 25 years. We find the service easy to use and results can be instant - prompt, professional action with next day service."

Office Manager
Boatyard & chandlers
Lancashire

"We have a large expanding and diverse customer base in a fast moving sector of the food industry. We want to expand sales but, to do so on a controlled basis, we need to understand the need to check new accounts. The PAID credit assessment serves us well and the debt purchase facility provides us with the element of security we need."

Financial Director
Wholesale food distributors
Berkshire

"The PAID credit checking facility has enabled us to open new accounts with confidence."

Managing Director
Wholesale toy distributors
London

"We have been a PAID Member for a number of years now and have always enjoyed a close relationship with PAID management and staff. In particular the debt recovery and debt protection elements of the service have contributed to the expansion of our business that has taken place in recent years."

Managing Director
Timber & building supplier
Liverpool

"We've been associated with PAID for a long time and our debtor days have fallen dramatically."

Managing Director
Storage systems manufacturer and distributor
Hampshire

"We find the online system very easy to operate; the procedures are simple and the service contributes to our cash flow."

Administration Manager
Brush & cleaning equipment manufacturer
Wiltshire

"Over the years, we have found CPA (PAID) very helpful and efficient. In particular, their on-line letter cycle has proved to be very effective in chasing and recovering our bad debts'."

Director
Luggage & leather goods suppliers
Avon

"We joined CPA almost two years ago and since that time have been pleased with the speed of payment from our delinquent small customers once they have received the CPA letters of demand. More useful to us however, has been the status monitoring of companies. We can see immediately if prospective customers are a risk and the daily monitoring keeps us aware of any change in status of any/all of our customers immediately. Thank you for selling us this excellent product."

Company Secretary
Specialist construction suppliers
Hertfordshire

"We receive a great service. The online facility is very user-friendly, staff are very helpful and we feel we get value for money. Having CPA just gives that added edge in aiding our collection of debts. I would highly recommend the tracing service!"

Group Credit Controller
Horticultural suppliers
Kent

© 2008 The Credit Protection Association plc registered in England (217953).
As of 1/11/2009, CPA Online and CPA (PAID) are separate divisions of CPA plc.