Posted on 03 February 2012
Tags: accounting system, accounting systems, attribute, Business, checking accounts, collection agency, commercial debt, Credit and Collection, Debt, debt collection, debt collector:, debt collectors, debtor, Fair Debt Collection Practices Act, Federal Trade Commission, financial services, invoice, invoices, receipts, small business owners, thousand dollars, written communication
Basic and most important requirement for a commercial debt collector is that he must have to be intelligent. In other things he should be a good diplomat, investigator, and physical toughness is additional attribute. A commercial debt collector uses these different abilities according to circumstances. That mainly depends on the debtor’s business and its collection process. On corporate side a debtor is having millions of dollars on stake while for small business owners it may be few thousand dollars.
In old movies commercial debt collectors are portrayed as gangsters who only know to beat off other’s head instead of debt collection. While in modern era a commercial debt collector must have to know each customer’s method of doing business. He must know how to handle billing and receipts payable. Read the full story
Posted on 21 August 2011
Tags: bank, bankruptcy laws, bpca, Business, business products, Business Products Credit Association, Business_Finance, Collection Service Letters Service, Credit and Collection, credit research foundation, customer service, debtor, debtors, education, expired certificates, financial services, information, interchange, online alert, payment, prime responsibility, retail sales, sales tax, sales tax exemption, sales tax exemption certificate, submission, tax audit, wholesalers
Business Products Credit Association is member owned non-profit organization. It was established in 1875. Business Products Credit Association and Credit Research Foundation are partners. In order to mold the payment trend and the credit custom of the customers, education is also offered to the clients. Its membership is only for wholesalers, factors and distributors and manufacturers.
Membership:
BPCA enables its members to get low cost payment reports online. These reports are particular for the industry so you are well informed about the payment criteria for the others in your industry. Members get email notification regarding any significant information when the customers have been entered by the other members.
Payment information is provided by BPCA in the form of BPCA Interchange Reports which are made by the wide database of customers, explaining the manner in which other members are being paid. It is the prime responsibility of BPCA to provide communication and information in an appropriate manner to the members.
Collection Service Letters Service:
BPCA provides collection letter service which has been confirmed so much efficient for its members. Read the full story
Posted on 31 July 2011
Tags: Business, collection agencies, company headquarters, Credit and Collection, credit consulting, credit consulting services, credit insurance, credit management, credit monitoring, credit profile, credit solutions, customer satisfaction, delinquent debts, financial services, last three decades, long term relationship, mid eighties, North America, Portland, prestigious names, professional approach, sea food, seafax, Seafood, seafood industry, unmatched collection, widespread services
Seafax Inc. was one of the many credit collection agencies which are formed in mid eighties. The basic difference between others and seafax specialized their services for food industry, especially for seafood industry. The company gradually expanded its business and along with credit collection they started many services e.g. credit monitoring, credit consulting services and widespread services regarding Credit Insurance, Funding and Outsourcing. The company headquarters situated in Portland.
The Basic Aim of Seafax
Besides providing credit solutions, seafax Inc also educate its members regarding different credit management and debt related issues and also provides updated information on their credit profile on regular basis. For this purpose they designed different educational programs and prepare educational material. By educating their clients they actually establish a long term relationship with their clients. The interaction with their clients through quality services and educating them regarding their credit management is the basic aim of seafax.
Achievements of Seafax
Since 1985, Seafax Collection Services has successfully recovered delinquent debts for millions of dollars of many different organizations in seafood industry. They not only educate people successfully and change their perception regarding credit management especially in sea food industry but also recover few of the most difficult loans through their highly professional approach and dedication towards their work. Moreover in last three decades seafax serve the credit collection industry with many achievements.
Services Offered by Seafax
The unmatched collection rate makes seafax one of the most prestigious names in the industry, there are examples available where seafax able to collect some debts which other agencies declared as unrecoverable.
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