Supplying goods on credit can be a risky business. In the midst of tough economic times, it is more important than ever for businesses to protect themselves against the risk of a key customer becoming insolvent.
Please see the retention of title factsheet for information on:
- the meaning of retention of title;
- why having a retention of title is important;
- how to ensure your retention of title works;
- retention of title once a company is in administration;
- tips for retention of title clauses.