16/03/2023
Diamond Debt Recovery
At Advocate, we are fortunate to see most industries and sectors grace our case files each month. This case saw a custom furniture maker trade with a group of diamond jewellery stores. You won’t find anything generic or mass market in either business because they cater to the upper echelons of society, the 1% of wealth if you like.
Having initially quoted for a higher volume and passing on the benefits which come with economies of scale, the debtor advised at the point of order that less was more before reducing the production volume by 50%. This late call left little headroom for increased costs or payment delays. Having delivered the bespoke handcrafted seating on which wealthy clientele mull spending five figures on tetrahedrally arranged carbon atoms, our client rightly expected prompt payment.
Read more on how we collected this debt by clicking the link or visiting our website!
https://debtadvocate.co.uk/diamond-debt-recovery/