Birmingham Latest News (Michigan, United States)

What does your credit lending process look like? Why is it important to know your customer in detail? When you extend credit, the type of legal entity you're extending credit to is key to determining how much credit to grant.

Clock repair is a family tradition with ten clock repairmen in in the family, ensuring the craft's continuity for generations

How do you decide whether to give a customer credit or not? Have you heard of the five Cs of credit? Any decision to extend credit to a customer is loosely based on what are commonly referred to as the five Cs of credit: character, collateral, capacity,..

Have you been struggling to find a reliable debt collector? How can you tell a good debt collection service from a bad one? Here are some signs to look for: One-Stop Shopping: You don't want to search all over the country for professionals that provide...

How thoroughly do you document transactions with your clients? Did you know that proper documentation can save you a whole lot of legal trouble? An old expression, always applicable to billing practices, states, "It isn't done if it isn't in writing."...

Are you familiar with the basics of entering a contract? Do you know what makes a contract valid or invalid? The five essential elements to a contract are offer, acceptance, consideration, mutuality, and legality.

Are you struggling to get a debtor to pay? Do you know how to build a list of their assets? When your debtor isn't paying, you need to pursue his assets to collect your judgment.

Do you keep thorough notes on your credit customers? How often do you review credit information with your clients? You can help keep the odds in your favor by insisting on good documentation throughout the credit and collection process.

Is your debtor hard to contact? Are they avoiding your calls? What could possibly be worse than voicemail jail? A disconnected phone! In business, a disconnected phone is usually the kiss of death for your collections.

The recently created American Yerba Mate Association is proud to present one of its members, Matea, the yerba mate powder set to join in the matcha craze in the U.S.

Are your customers' payments continually late? Want to learn how to speed up the process? Sometimes you want to go over to your customer's office, locate the checkbook, and hand someone a check to fill out for payment on outstanding invoices.

Can't get through to your debtor? Have you decided to take legal action? While you know your case is valid, you'll still need to prove it in court.

Are your debtors refusing to pay? Have you had enough? Before you threaten litigation, make sure you've laid a solid foundation.

Is it difficult to get getting the money you're owed from customers? Want to learn tactics to get paid sooner? If a debtor gets away with stalling on an account, your company ends up footing the bill for any shortfall in cash flow.

CRUM Style, a leading provider of deck repair and renovation services, is proud to announce their exceptional deck refinishing solutions, aimed at transforming weathered and worn-out decks into stunning outdoor living spaces.

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Do your customers come up with excuses to not pay? Are your contracts weak? When you draft a contract, you should incorporate standard clauses that clarify your intentions and simplify your life in the event of disputes or litigation.

Find a way to resolve a debtor's complaints so you can get paid!

Is your delinquent customer ignoring your requests for payment? Is there proof that this customer owes you money? Before a debtor commits to payment, you may have to force them to make an admission.

A personal guaranty of payment can help decrease a creditor's risk.

Don't want to wait and see if your customers pay their bills? The two leading alternatives to the traditional collection of accounts receivable are: Credit insurance: An insurance company actually insures the account receivable, typically for a fixed...

Virtual reality technology is rapidly evolving and one company leading the charge is Sansar, a metaverse platform that offers a comprehensive infrastructure for both VR and desktop users.

United States-based, SmartFinds Marketing, and Austrian product manufacturer, D.S. Holder GmbH, announce a product marketing partnership for the United States market.

Before contacting a debt collector, make sure you know which services you require.

Have you reached an impasse with your debtor? Are they refusing to pay the full amount? You may have to negotiate. The good news is, you're probably better at negotiation than you think.

The approach of asking, then listening to a customer's complaint can help you resolve it quicker.

Have you noticed a decline in prompt payments from customers? How can you take back control? Keeping a steady cash flow is difficult in good economic times and a real challenge when recessionary pressures set in.

Are you considering extending credit to a customer? Do you want to prevent collection headaches? Regardless of how much profit you have built into your products or services, some customers pose too much risk and should not get credit.