The client, a supplier of high-end kitchen equipment, had secured a bulk order agreement with the debtor, who operated a chain of boutique culinary schools. The debtor, eager to elevate his brand image, ordered multiple sets of premium ovens, ranges, and specialty appliances amounting to SGD $92,000, with a payment term of 60 days after …
Case Study #040: $92,000 Collected from Kitchen Equipment Supplier Read More »
When the client approached JMS Rogers, they were at a breaking point. Their longstanding debtor owed them SGD $68,000—an amount that had been accumulating over several months. What once was a thriving business relationship had deteriorated into a series of missed payments and vague promises. As the situation worsened, the client knew that their own …
The client, a seasoned entrepreneur in the luxury perfume industry, had built his business from the ground up, supplying exclusive fragrances to high-end retailers. When a well-known boutique chain (the debtor) approached him for a partnership, it seemed like a perfect match. They placed a large order worth SGD 210,000, promising full payment within three …
