by admin | Mar 28, 2018 | Creating a Credit Policy, Extending Business Credit & Commercial Collections
Creating a Credit Policy – Early Payment: 10. Are you going to reward Early Payment? The cost of capital is real, and good behavior from clients and customers is often rewarded. Decide early, are you going to reward those that pay early with favorable terms? One...
by admin | Mar 26, 2018 | Debt Collection Quotes
Commercial Debt Collection Quote #15 “What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience?” -Adam Smith Commercial Receivers Incorporated has the lowest cost commercial debt collection agency in the...
by admin | Mar 23, 2018 | Commercial Collection Series, Improbable Debtor Excuses
Commercial Debt Collection Agency: “UNPAID BILLS??!! Kids must have stolen ’em from the mailbox! We lose a lot of bills that way you know!” At Commercial Receivers Incorporated we choose to work with B2B debtors instead of against them. In our work,...
by admin | Mar 21, 2018 | Commercial Collection Series, Creating a Credit Policy
9. Decide “in advance” what penalties and late fees will look like. Credit terms are the carrot that drives the business.Penalties, late fees, and interests are the stick that drives conformance to your credit terms. Your business has a very real expense in the...
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