There’s nothing worse than clients who fail to pay their dues, especially when your business is in the financial doldrums. If that’s the case, you have two ways to handle the matter. You could let your clients go scot-free and embrace your loss or hire a debt collection agency to do your bidding. If you’re
A study revealed that debt collection agencies recover over $78 billion every year. The figure clearly shows that the services administered by debt collection agencies work. You should therefore give it a try if your customers have surpassed the payment period agreed on. However, not all debt collection agencies operate the same. You have to get
Many people forget that healthcare organizations are for-profit businesses. Just like any other business, healthcare providers have overhead costs to maintain, staff to pay, and important expenses to cover. When patients skip out on their bills, these organizations become at risk for experiencing limited cash flow and revenues. Unfortunately, all of this can take place
Utility companies can shut off power if someone isn’t paying, but how can you receive owed money? Learn the benefits of utilities debt collection agencies here.
29% of small businesses fail as a result of cash flow issues. These issues are exacerbated by unpaid invoices and a lack of effective small business debt collection techniques. Some business owners underestimate the importance of business debt collection. So, instead of receiving their due obligations, they are stuck with thousands of dollars of lost
