CRDT

CRDT is an EU-based company specialising in credit management. From the fashion city of Arnhem (NL) and Düsseldorf (Germany), CRDT serves approximately 400 clients across the Benelux, Germany, Austria, Switzerland and Denmark. This makes CRDT the market leader in the fashion, textile, sports and footwear sectors. Its services include accounts receivable management & debt collection, credit checks & legal services, and credit insurance & factoring.

During the COVID-19 pandemic, CRDT was able to provide extensive support on issues relating to force majeure, as well as resolving challenges involving credit insurance. With ongoing problems in the supply chain, legal advice regarding deliveries also remains an important area of focus.

It is also essential to be well prepared for payment difficulties when government support comes to an end. Many companies have become zombie companies with little prospect of recovery. In such cases, it is important not to wait too long before collecting outstanding invoices, particularly when dealing with customers abroad.