by Peter Geisheker | Apr 11, 2017 | credit documents
If your business sells products or services to other businesses where you allow them to pay you on credit (net 30, 60, or 90 days), this article will help you manage the risk of a client not paying you. A financial risk all businesses face when selling their products...
by Peter Geisheker | Mar 27, 2017 | collection agency tips, commercial debt collection, debt collection process, Uncategorized
Trying to collect past due receivables from your business clients is not easy, especially when dealing with organizations that have a reputation for paying late or not paying at all. For most companies, dealing with such business clients can be stressful,...
by Peter Geisheker | Mar 8, 2017 | commercial debt collection, Uncategorized
Can your current collection agency collect more past due receivables for you than Melton Norcross and Associates? At Melton Norcross and Associates, when we contact businesses about their process for collecting their past due receivables, we are often told that their...
by Peter Geisheker | Feb 16, 2017 | collection agency tips, commercial debt collection, debt collection process, Uncategorized
If your business is located in the USA, and a client of yours who is also located in the USA does not pay your invoice for the products or services they purchased from you on credit, the commercial debt collection process for collecting the money your client owes you...
by Peter Geisheker | Jan 9, 2017 | collection agency tips, commercial debt collection, credit documents, Uncategorized
Click here to download a FREE Business Credit Application and Personal Guarantee document as a pdf. If you sell products or services to other businesses, especially large businesses, you will often be asked to extend credit terms to them. What this means is you will...
by Peter Geisheker | Jan 6, 2017 | collection agency tips, commercial debt collection, debt collection process, Uncategorized
When you sell products or services to other businesses, and those businesses don’t pay you on time, or they decide not to pay you at all, this kills your cash flow and can literally put a small company out of business. Therefore, it is critical that when your...
by Peter Geisheker | Dec 16, 2016 | commercial debt collection, mineral liens, Uncategorized
Oil prices have hit a 12-year low. As a result of this decline, industry cash flow is tight and clients are seeking assistance in collecting unpaid invoices. Currently, the best remedy is to file a mineral lien. A mineral lien is similar to a deed of trust on...
by Peter Geisheker | Dec 2, 2016 | collection agency tips, commercial debt collection, debt collection process, Uncategorized
When payment is defaulted by a business client that owes your business money, and continued communication is ignored by that client, the services of a commercial debt collection agency may be required. There are many benefits in seeking the services of a commercial...
by Peter Geisheker | Nov 21, 2016 | collection agency tips, commercial debt collection, Uncategorized
Collecting past due receivables owed to you by your business clients can be one of the most difficult aspects of running a business. If you’re too patient, you may never receive payment. If you’re too impatient, you could irritate a good client who just needs a little...
by Peter Geisheker | Nov 4, 2016 | collection agency tips, commercial debt collection, Uncategorized
Whether you run a small business or a large international corporation, when your clients fail to pay you for the products or services you provided to them, it can kill your profits and cash flow. The old saying, ‘’time is money’’ undoubtedly applies to commercial debt...
