It's a good rule of thumb that well-run businesses look for like-minded ones when conducting transactions. Regular customers who continually provide or require goods and services likely have a line of credit. Even though they are responsible companies, their credit...
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Commercial Debt Collection
Can you collect if a business has no cash on hand?
Your company loans money to a small business, which then fails to pay it back. When you ask for payment on that debt, they claim they have no cash and couldn’t even pay if they wanted to. Are you still able to collect? First of all, if you’re considering legal action...
Commercial debt collection: Increasing the odds of getting paid
California small business owners have encountered some unexpected obstacles in the last few months that make receiving payment from those they have contracts with vital for the survival of the venture. Commercial debt collection had its challenges prior to recent...
How businesses can collect debts from other businesses
Ideally, when a business sells goods or services to other companies, they will have protocols in place in case a corporate client fails to pay for those goods or services in a timely manner. For instance, an organization may decide that it will wait 30 days to receive...
Tips for collecting business debts
It is not uncommon for individuals, professionals and corporate entities to fail to pay their bills on time. However, companies that are not paid in a timely manner need to take steps to collect past due balances as quickly as possible. The first step is to send...
Strategies for small businesses and commercial debt collection
Californians running small businesses face a unique set of challenges. One of the most common concerns is collecting debt. In some cases, a person or entity who owns a small business might not pay what is owed on time, in part or in full. Commercial debt collection...
Effective small business debt collection strategies
Companies in California and throughout the country often have customers who don't pay their bills on time. While it is important to be understanding of why a client is having trouble paying for services in a timely manner, it is also important to get paid in full....

