Wed.Jan 20, 2021

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Overcoming Common Collection Agency Challenges

Payment Savvy

Agencies use various tactics to receive payments. Similarly, collection agencies have a hard time creating payment plans unique to each individual’s needs. Choosing a payment partner for your agency is just as vital. Merchant providers can also assist with payment negotiation – all without talking to an agent.

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Pay-if-Paid Provisions in Construction Subcontracts: They Are Not All Created Equal

Jimerson Firm

Both provisions are considered contingent payment clauses because they make payment to the subcontractor contingent on the general contractor receiving payment from the owner. Construction contracts may contain either a pay-if-paid provision or a pay-when-paid provision. Is the Pay-if-Paid Provision Enforceable? Conclusion.

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New “Second Draw” PPP Loans Under the Economic Aid Act for the Self-Employed/Sole Proprietors

Burr Forman

Uses of your new Second Draw PPP Loan: The SBA has expanded the uses for a Second Draw PPP Loan, and beyond the simple payment of your monthly “owner profit”; however, at least 60% of the new Second Draw PPP Loan must be used to pay your owner profit each month, which cannot be more than $8,333/month – $100,000/12. Loan Forgiveness.

Loans 66
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How to Freeze a Bank Account

FFGN COLLECT NY

This is why debt collection attorneys request copies of prior payments and ACH or wire transfers made to obtain the judgment debtor’s banking information. In New York, attorneys can issue restraining notices to one or more financial institution where they believe the judgment debtor maintains an account.

Banks 40
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10 Ways to Improve Payment Collections with Salesforce

For finance teams using Salesforce’s powerful CRM technology, automation can transform accounts receivable processes, driving efficiency and delivering measurable results like cost savings, reduced customer churn, and lower DSO.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Are you finding some snags in your collections process? Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST