Useful helps for how to collect commercial debts.
Advances in Technology have drastically changed the world of credit and debt collections… Take fax machines, for instance. At one point, customers sent purchase orders by mail. By the early to mid ‘80s, fax machines had become a regular fixture … Read More »
The Art of Debt Collection Like anything you would like to be good at, you have to practice. Learning the art of debt collection is no exception. To be good at collections, you need excellent communication skills, quick thinking ability … Read More »
Filing a UCC-1 Across the country, ordinary business transactions like buying, selling and leasing are all governed by one uniform law: the Uniform Commercial Code or UCC. What this means for you is that if you do business in other … Read More »
Extending Credit Strategies: The 5 “Cs” of Credit Extending credit to a customer is about taking on a certain level of risk. There is no secret formula or mathematical equation that ensures you’re making the right decision. But by applying … Read More »
Every business experiences nonsufficient funds (NSF) in the course of business relationships. Occasionally, the bank is at fault but most often, it’s your customer who is to blame. Of course, before you jump to that conclusion, you’ll want to check … Read More »