Commercial Collections Blog

SAS70 Certified Commercial Collection Agency, Part 2

As I stated in last week’s Coach’s Corner, I am going to take you through the basics of how Burt & Associates can assist you with all your debt collection needs.As an SAS70 certified commercial collection agency, Burt & Associates is looking out for you, our customer.Our focus is to be more than just a service provider – we want to partner with you and build a strong relationship.

The first step in this process is for you to understand the value of partnering with Burt & Associates.Hiring a 3rd party collection agency gives your company a competitive edge over the other companies in your industry.We provide the opportunity for you to focus on increasing your customer satisfaction and your sales while we do the worrying of collecting your delinquent debt.Partnering with Burt & Associates is one of the best business decisions you will ever make.

Give us a call today!!We want to help you improve your profitability and increase your customer satisfaction.

With warmest regards,

Jerry Cutis
President & CEO

Educational Tidbits For Today’s Credit Executive
The Coming Wave of Insolvencies?

According to some market experts, worldwide insolvencies will start hitting the markets over the next few months.Among the pressures that could cause insolvencies is the ongoing downturn in the U.S. housing market. While a sharp increase in defaults may not occur until next year, continued pressure in some sectors such as retailing, chemicals, paper and packaging could result in more insolvencies in the next several months.One area of concern in the U.S. is the automotive-supply sector in Michigan.It’s believed by some that Michigan could see a bump up in prepackaged and prenegotiated corporate bankruptcies soon.

The Credit Manager’s Q&A Corner

Question: Explain the importance of liens when extending credit.

Answer: Liens are believed to be a useful tool for the collection process. Liens, which can be used when a debtor has failed to make a timely debt payment, should thus be considered by a creditor before extending credit. One problem, however, is that mercantile and credit-reporting agencies don’t’ always have timely information about a debtor’s liens.A lien search, however, can be initiated in such cases since all liens are a matter or public record.

Related Posts:

• SAS70 Certified Commercial Collection Agency, Part 1
• SAS70 Certified Commercial Collections
• SAS-70 Type II Certified Commercial Collection Agency
• Collections in a Sluggish Economy
• Collections Back Into Full Swing