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Choose A Commercial Collection Agency That Plays by The Rules
The total consumer debt in the U.S. is the highest it’s ever been, exceeding $4 trillion for the first time in February 2019. To make matters worse, delinquency rates have...
April 16, 2019 2:11 pm Leave your thoughts5 Organizations We Are Proud to Be Associated With
When it comes to hiring a collection agency, it’s important to be selective. Not only do you want an agency competent at recovering outstanding AR, but one that preserves your...
April 9, 2019 9:13 pm Leave your thoughtsOvercoming Common Debt Collection Obstacles
Debt collection can feel a little bit like searching for lost treasure – although you have a map to guide you, there are unique challenges and obstacles to face along...
March 31, 2019 9:17 am Leave your thoughtsMitigating Risk – Understanding the “Five C’s of Credit”
Traditionally used by financial institutions as a way of mitigating risk when authorizing loans, lending out money or opening new credit accounts to a borrower, the “Five C’s” acted as...
March 27, 2019 9:00 am Leave your thoughtsBeyond Commercial: A Short Guide to Our Other Collection Services
With recovery rates double the industry standard, and a trailblazing new way of diplomatically collecting debts, our commercial collection service gets a fair amount of attention – for good reason....
March 20, 2019 9:00 am Leave your thoughts7 Strategies for More Effective Accounts Receivable
If cash in the lifeblood of an organization, then the accounts receivable department is like the heart – they keep that lifeblood flowing. Without effective accounts receivable solutions, you can...
March 13, 2019 7:59 pm Leave your thoughtsMyths About Using a Debt Collector – Debunked
It’s funny: do a Google image search of “debt collector”, and you are likely to come up with all sorts of wild caricatures. There is the mob caricature, with his...
February 27, 2019 9:12 am Leave your thoughts11 Common Collection Terms You Should Know
A little information goes a long way. It is sometimes easy to assume that, since we’re collection experts with over 20 years of experience, everyone else must know about collections...
February 25, 2019 9:05 am Leave your thoughts8 Proactive Steps Toward Getting Paid on Time
It doesn’t matter how big or small your business is – in order for it to function healthily, you need to get paid. At Summit A*R, with our 20 years...
February 24, 2019 9:51 am Leave your thoughtsWhy, When, How – The Common Questions Surrounding Collection
You know that you shouldn’t let debt collections slide – that in order for your business to financially function at its best, you need the monies owed to you –...
February 22, 2019 9:40 am Leave your thoughts