⚠️ When giants collapse, suppliers are the first to lose
The insolvency of GFG Alliance, led by Sanjeev Gupta, has shaken global markets. With operations spanning the UK, France, Australia and beyond, its financial collapse has left thousands of suppliers and contractors facing unpaid invoices.
For multinational CEOs and CFOs, the lesson is clear:
- No client is “too big to fail.”
- In insolvency, suppliers are often the last to recover—if at all.
- Cross-border complexity makes recovery even harder and slower
What international companies selling on credit must know
When a key client becomes insolvent, suppliers face immediate threats:
- Blocked receivables: invoices frozen in long insolvency proceedings.
- Cross-border legal hurdles: every jurisdiction (Spain, UK, France, Australia) has its own rules.
- Financial contagion: one client’s failure can ripple across your supply chain and destabilize your own liquidity.
Lessons from the GFG Alliance case
- Act before insolvency is declared: early actions multiply recovery chances.
- Prepare cross-border strategies: if you sell to Spanish companies from abroad, you need local expertise in Spanish insolvency law.
- Don’t rely on size alone: even global conglomerates can collapse under hidden debt.
How CREDIT BACK protects international suppliers
At CREDIT BACK, we specialize in helping international companies recover unpaid invoices from Spanish and worldwide clients.
We provide:
- Cross-border debt collection tailored to each jurisdiction.
- Legal and extrajudicial recovery before and during insolvency.
- Monitoring of at-risk clients, so you can act before liquidation.
- 100% success-based model: if we don’t recover, you don’t pay.
👉 The collapse of GFG Alliance shows what every multinational supplier fears: unpaid invoices that may never be recovered.
At CREDIT BACK, we have already helped international companies —from a UK logistics group to a German industrial supplier— recover over €500,000 from insolvent Spanish buyers, even when those cases were already in pre-insolvency.
Here’s how we work for you:
- Free assessment of your unpaid invoices (no cost, no obligation).
- Immediate recovery actions in Spain and across Europe — we act before it’s too late.
- 100% success-based model: if we don’t collect, you don’t pay.
📩 Request your free invoice assessment today and let us protect your company’s liquidity in Spain and internationally.
Would you like us to review your case for free?
📧 Write to us at: vcruz@creditback.es
🌐 Or fill out our online form: