4 Immediate Cash Generating Tips to Increase the Value of Your Business Receivables

cashBusiness receivables are not like a fine wine. They don’t get better with age.  To make the point, call up your commercial loan officer, and ask how much you can borrow by putting up all of your 90-day old accounts receivable as collateral.  I am pretty sure the answer would be $0.00.  So don’t wait, get started collecting your business receivables early.

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Most COMPASSIONATE Collection Agency Headquartered in COMPASSIONATELY Ranked City

birminghamI couldn’t have been more surprised if you’d hit me over the head with a hammer.   I stared at the headlines for a few minutes before it sank in.

Our home city, Birmingham, Alabama, has been recognized by mylife as the 4th most compassionate city in America.

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More Predicted Actions of the CFPB

light bulbPredicted Actions of the CFPB: Part 2

Last week we walked you through a few of my predictions on what rules will be written by Richard Cordray, Director of the CFPB, this year for the credit and debt collection industry. As an interested and somewhat informed observer, I thought I would get my crystal ball BACK out for Part 2 and make a few more predictions.

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Predicted Actions of the CFPB

crystal ballOf course, no one knows, except Richard Cordray, Director of the CFPB, what rules will be written this year for the credit and debt collection industry. However, as an interested and somewhat informed observer, I thought I would get my crystal ball out and make a few predictions:

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5 Incredibly Important Answers to the 642 Questions the CFPB Must Get Right

CFPB BuildingA number of months ago, The Consumer Financial Protection Bureau (CFPB) distributed 642 very good questions to learn more about the credit and collection industry.  The purpose of these questions was to gather information from all affected stakeholders, so new rules could be written and enforced by the CFPB. We should know what these new rules are in the not too distant future.

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