The purpose of this paper is to first identify and answer some of the questions most frequently asked by our clients regarding the fallout of COVID. After that, we examine if the premise holds that, like the mortgage servicing industry at the start of the housing crisis, the commercial accounts receivables industry is using too...Read More
AGA’S SVP of Business Development Sam Fensterstock has posted an article on Credit Research Foundation portal. With the legal cannabis and CBD/Hemp markets are expected to generate more than $50 billion in revenue by 20241 , many mainstream members of corporate America are looking to do business in this emerging market. Many of AGA’s clients...Read More
AGA’S SVP of Business Development Sam Fensterstock has published a blog for National Cannabis Industry Association. Committee Blog: What Should You Do If Your Customer Won’t Pay You? Sam Fensterstock, AG Adjustments Member of NCIA’s Banking & Financial Services Committee When I first came into the market in 2016 almost every company told me that they don’t...Read More
As a 3rd party collection agency, we have heard it all when it comes to why once good paying customers that were easy to work with are now past due, no longer ordering and unresponsive to your attempts to contact them. What went wrong? Why did a customer with whom you have been doing business with...Read More
The Federation of Credit & Financial Professional will be hosting a Webinar on November 20th given by our SVP of Business Development Sam Fensterstock titled “How to get paid on time and Ensuring good paying customers stay that way” As a 3rd party collection agency when it comes to collecting seriously delinquent receivables we have...Read More
Does your current collection partner provide you, at your fingertips, online reporting that provides you access to every piece of information that you need to manage and review their recovery performance, and track how they are working your company’s placements? 1. Are you able to review recovery analytics in a split second? 2. Can you...Read More
When an accounts receivable ages past its due date, it is vitally important to take positive action, not only to maintain a healthy cash flow but to adapt to constantly changing market conditions. In our current economic times, a savvy management understands that managing the cost of doing business is vitally important. Cash is king....Read More
At the end of each year, when you evaluate your collection agency performance, what method do you use to calculate their recovery rate and over what period of time do you analyze? We discuss this topic very frequently with our clients. Contingency based collection agencies only earn revenue if they collect the debt that is...Read More
