Business owners depend on timely payments and a consistent cash flow to keep their business operational and profitable. The ongoing global pandemic that continues to weaken all sectors of our economy makes financial matters all the more complicated. With major brands like Starbucks, Ross, the Gap, T.J. Maxx and AMC not paying rent on their… Read More »
Budgets have been stretched thin and purse strings kept tightly-wound. The era of the coronavirus has brought about drastic changes to so many norms of daily life. The economic impact of the virus is far-reaching and for those with outstanding bills to collect, it has added another layer of stress. Consumer collection agencies are well-aware… Read More »
Today’s uncertain economic climate has forced both service providers and their clients into sometimes difficult and awkward conversations about payments. Many companies provided services to their customers with the expectation of being paid in a timely manner, but the advent of COVID-19 changed everything. Customers who would have otherwise paid the service provider promptly were… Read More »
It may feel like a lifetime, but it was actually only 60 to 90 days ago when America was able to boast stellar Gross Domestic Product (GDP) growth and the lowest unemployment rate in decades. COVID-19 changed all that. News articles from January 2020 now read like a bad joke. “Fears of a recession have… Read More »
Debt is a way of life. We take out loans to finance expensive ventures such as college, buying a car, launching a business or purchasing a home. What comes with these loans is a lot of fine print – and that text is legally-binding. There are very specific terms attached to these funds and repayment… Read More »
Nearly every business will have to deal with customers that refuse to pay on time, if at all, during the course of their operations. It is an unfortunate inevitability; however, hiring our commercial collection agency can shoulder the burden of recovering any business’ unpaid receivables, allowing you to focus on your day to day operations… Read More »
As a business owner, having to collect debts is stressful enough, but what if you have outdated or inaccurate contact information on the debtor? It may seem like tracking down the debtor will be impossible, but a major benefit of hiring a Commercial Collection Agency is the agency’s ability to locate and reach individuals who… Read More »
Small businesses are the cornerstone of America’s economy, and without them the economy would be broken. A majority of new jobs have been made available in small businesses. Numerous innovations that have changed the world have been produced by entrepreneurs. This important piece of the U.S. economy contributes revenue, technological advancements, jobs and more. An… Read More »
Any company that deals with loans or sells products that involve multiple payments will inevitably have customers that do not pay back what is owed. While some customers may occasionally be late on a payment, some may try to avoid payment consistently and will not answer calls or statements mailed from your company regarding debt.… Read More »
Every business struggles to deal with customers who do not pay their bills. Whether you contact them and they provide excuses, or you simply are unable to reach them, these customers leave your books unbalanced and cut into your profit margins. Hiring a commercial collections agency can help you recoup these lost funds. A collection… Read More »
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