When credit is extended to customers or clients it is often a gamble, because even those with excellent credit history can occasionally miss a payment or experience financial hardship. Regardless of the circumstances however, it is still important that their payments are made to you on time as agreed.
Today, business owners confront new cash flow challenges due to tightening credit markets brought on by a recession, the subprime mortgage fallout and economic crisis. With less availability and access to credit, businesses are increasingly using debt recovery agency services as an avenue to maintain positive cash flow and keep their businesses operational.
Business debt recovery is not always a simple process, collection tactics will vary depending on the debtor. Sometimes debtors will respond to a demand letter, other times it may take a phone call. The bottom line is, you get the money you deserve.
Call us to discuss your situation.
