Collections

An Ounce of Prevention is Worth a Pound of Cure, when it comes to Debt Collections

Accounts Receivable, Business, Collections, Debt, Tips / By

When your business deals in credit, hedging against default is crucial to protecting your bottom line and preventing future headaches and lawsuits. While there is no way to prevent every possible default, being diligent when dealing with a new client can greatly reduce your risk. While this does not apply to every situation, below are …

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Dealing with Outstanding Commercial Invoices During the Covid-19 Pandemic

Accounts Receivable, Collections, Debt / By

With most states issuing Stay at Home Orders for the past few months in light of the Covid-19 pandemic, many businesses have been forced to completely shut down or operate at a significantly reduced capacity. The life line of many, if not most businesses, directly correspond with its liquidity and cash flow. As business owners …

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