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It is important that you position your company as a “secured creditor” on any supply of payment terms to your end user client. This ensures property is not subject to “preferential payment clawback”.

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Preparing for the next upswing

While quarry operators and contractors will always welcome additional work and the ensuing turnover and profits that come with it, Mark O'Donoghue warns that businesses that take on such assignments must be adequately prepared to manage a complex mix of paperwork, extra borrowings, finance, debtor discounting and cash flows. Read more »

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Monday, 26 August, 2019 2:59pm
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