2 Years delayed payments recovered successfully for Motif Electric Ltd.

2 Years delayed payments recovered successfully for Motif Electric Ltd.

Client Overview Motif Electric Ltd., a provider of electrical goods and services, was grappling with two overdue accounts. The outstanding invoices, totaling Rs.5,00,000, had been pending for 2 years. The debtors were not disputing the invoices but were simply delaying payment due to a significant reduction in their own revenues. This situation required a flexible…