Many suppliers will do a credit check before doing business with a company -
Similarly, any potential customers may also credit check and have a policy of not doing business with a company in a CVA. They take the view that the company may not be able to live up to expectations.
A CVA will stay on the company’s credit file for 6 years AFTER the CVA has finished -
A CVA can make it very difficult to trade successfully.
Call us to explore the alternatives -