Commercial Collections Blog

Collections in a Sluggish Economy

Prices at the gas pump are soaring, the housing market is slumping and the economy is dragging along sluggishly.

What does this have to do with Burt & Associates? Nothing. As your SAS70 Certified commercial collections agency, we don’t let the mixed economic picture affect the work we do for you. Contact us now for all your A/R needs and let us worry about your commercial collection issues. We have the technology, resources and staff to take care of you and all your needs.

Give me a call today and ask for your FREE Burt Credit Risk Score and let’s get your collections taken care of.

With warmest regards,

Jerry Curtis
President & CEO

Educational Tidbits For Today’s Credit Executive
Floorplan Financing

Floorplan financing, which is a simple modification of secured lending, is usually encountered when a vendor or a financing entity for a vendor wants to provide inventory for the customer to sell, for example when a large retailer’s need for great volume of merchandise exceeds its credit availability. The plan should specify all the terms between the parties involved, while the creditor is granted a money purchase security interest in all the inventory that is directly or indirectly financed by the floorplan creditor. As a rule, the debtor must pay for the inventory financed when sold or according to specific terms, whichever comes first.

Related Posts:

• Commerical Collections Are Up
• Money Makes the World go Round
• Collections In a Mixed Economy
• Cash Flow Management for Small Business
• Credit Reports-do you know your credit risk with all your customers.