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Preparing Your Business For A Debt Collection Agency

Enterprise Recovery

Is your business struggling with unpaid invoices or clients not paying on time? Many companies often turn to professional debt collection agencies for assistance when this happens. Before you hand over your delinquent accounts to a collection agency, it's important to understand their role and how they can help your business.

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Debt collections-your mission critical part of business cash flow

American Profit Recovery

A healthy debt collection process helps businesses of all sizes maintain positive cash flow which is critical for many reasons. Cash flow is the backbone of any size business and positive cash flow keeps a business healthy and strong. Your business must have positive cash flow! Or worse, credit lines.

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8 reasons why businesses rely on debt collection agencies

American Profit Recovery

The debt collection industry is a vital part of the US economy. And for many businesses, it is a critical part of the overall accounts receivables process. Many small businesses and larger organizations rely on the expertise and efforts of third-party collection agencies every day. And for good reason.

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6 questions a business might ask before hiring a debt collection agency

American Profit Recovery

When you’re in the process of hiring a debt collection agency for your organization, there are no doubt many questions on your mind. Hiring a new agency for your business can be a big step because of the important role they play in the overall health of your business. What is your fee structure for debt collections?

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9 mistakes your business may be making when collecting debt

American Profit Recovery

Collecting debt is just something a business of any size will have to do. It would be nice if all consumers paid their bills on time but the reality of running any business means you’ll have to deal with late and nonpaying customers. Keep in mind there can be state and local regulations you may need to be aware of.

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Is Outsourcing B2B Debt Collections Right for Your Business?

Enterprise Recovery

Do your business debt collections keep you up at night? Is outsourcing B2B debt collections the right choice for your business? Is outsourcing B2B debt collections the right choice for your business? Let's explore the advantages and find out.

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How to Protect Your Business Reputation During B2B Debt Collections

Enterprise Recovery

Business-to-business debt collections could also impact your relationships with current and potential clients. Use these tips to protect your business reputation during B2B debt collections. Nobody likes asking for money - least of all when your clients aren't paying their invoices promptly.