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Archive for the ‘Industry News’ Category

Alliance formed with Commercial Credit Management Associates

Posted in Industry News, Press Releases on January 29th, 2012

January 27, 2012 – Minneapolis, MN Summit A*R., a third party commercial collection agency serving creditors worldwide, has entered into a Business Alliance Agreement with Commercial Credit Management Associates (CCMA). CCMA provides credit management services to small and medium sized businesses that need credit management either on a case-by-case or ongoing basis. CCMA also provides [...]

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Collection Agencies Adapting to Rough Economy

Posted in Industry News on November 22nd, 2008

As economic conditions continue to worsen and consumers tighten their belts, accounts receivable companies seem likely to adjust their collection strategies. The advisers at leading ARM (Accounts Receivable Management) consultancy Kaulkin Ginsburg have reported that over 90% of respondents to their quarterly Industry Confidence Survey have said that they are either “somewhat likely” or “very likely” to adjust their collection strategies to adapt to the economic slowdown.

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