Commercial Collection - Archives

Sometimes Collection Letters are not effective in this economy. Consider this concepts, and try our new approach to collection your commercial collection accounts with success!.

• The account will only pay those who continually push the point without a pause between contact and payment
• The game that the account plays is usually hide and stall and the strongest get paid but not without great effort.
• The vendor who relies on the mail service to get to the head of the  payment line is left off the payment cycle
• The customer  who is behind on payments today has many outstanding claims with many vendors
• A commercial collection agency will get past the stories, denials, reasons  and force the issue with infield collectors that get real results, fast.

Stimulus Money. Did you know about it?

Commercial Collection News

Karen Mills, Administrator of Small Business Administration (SBA), was at International Franchise Association Convention Monday to discuss ways both the agency and the Obama administration are working on to further encourage lending to small businesses. These efforts, Mills says, include asking Congress for additional funding for its loan programs.In February of 2009, the SBA received $730 million in federal stimulus funding as part of the American Recovery and Reinvestment Act. However, this wasn't’t enough to meet the loan demand and in December, the SBA received an additional $125 million from Congress.

Boost up your Accounts Receivables Collection

Debt Collection Tips

The first line of defence against late payments is a complete invoice for almost any small business can use advice on how to improve its collection cycle. And consider this :

Your bills should be accurate, detailed and easy to understand. If difficult to understand, then your client will need to call for additional information. That translates into “You have been added to their to-do list”.

And this increases the Collection Cycle process.