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Nationwide Debt Solutions Ltd
T/A Anglian Commercial Finance
Bellingham House
2 Huntingdon Street
St Neots
PE19 1BG


Phone: 01480 471615
Fax : 01480 475451

COVID-19 Update For more than 20 years we at Anglian Commercial Finance have built our business around a core value - always putting the interests of you, our customers, first. Our purpose as a company is to work together to ensure you have the facility to check credit risks on new and existing clients and that your customers pay you. We are here to support you in doing that through these challenging times. We want you to know that everyone at ACF is committed to helping you with all your financial needs. Serving you and keeping the team safe are our top priorities. We will do all we can to make it easy for you to connect with us in the way that you choose, whether over the phone on 01480 471615 or online at info@angliancommecialfinance.co.uk. Everyone at Anglian Commercial Finance want to thank you for being a valued Client. We wish you and your loved ones continuing good health in the coming months. From your ACF support team

COMPANIES IN DISTRESS The number of UK companies in financial distress has surpassed half a million, underlining the threat of a wave of business collapses from the coronavirus crisis. Distressed companies increased 3% to 506,946 in the first quarter of this year, according to figures from Begbies Tranor, the corporate restructuring business. If only 5% of these companies went into insolvency it would mean an additional 25,000 insolvent companies. That compares with a total number of corporate insolvencies last year of 17,196 according to the office of Statistics,

LATE PAYMENT Small and medium sized companies were owed a total of 23.4 billion in overdue bills at the end of 2019, an increase of 10.4 billion on 2018, recent research from BACS, the payment clearing organisation, found.

CASH FALLS BEHIND CREDIT CARDS Credit card payments have overtaken cash in British shops for the first time.Notes and coins were only the third most popular form of payment last year, the British Retail Consortium has said. Only 1 in every 5 spent over the counter was made in cash. Debit cards have remained the most popular payment method, amounting to more than half of all payments.