Earlier this year, the company put together a 'Safety Net' package, which included a £15m receivables finance fund to help printers beat the credit crunch.
Ian Carrotte, managing director of ICSM, said that print companies need to monitor who they do business with, even long-standing clients.
He said: "Don't put off until tomorrow what you should have done yesterday. If that customer payment is late start chasing now before it is too late for you.
"If cash flow is poor, act right now. At least make some enquiries, it does no harm to ask the questions."
Carrotte said that if you plan to give credit to a customer then it is imperative to run a credit check beforehand, as "there is no such thing as a sure bet".
He said: "Before you take a gamble on a new client, have a look at their form. Keep an eye on the form of your existing clients too. What harm can it do you?"
According to the company, many printers are still unaware that funding can be found even if a current facility has been removed.
Carrotte said that while the receivables and asset-based markets had "tightened their belts", there are still funds available.
ICSM urges printers to check credit ratings and chase late payments
Credit checking agency ICSM has warned that adequate funding, regular credit checks and ensuring payments on-time are essential in the current economic climate.
