We usually associate credit fraud with the impact it has on individuals in the form of identity theft or phishing scams and the personal financial problems it causes, but what about businesses? What is the incidence of B2B credit fraud and is it a major problem? Yes, it is a major problem. According to credit...Read More
Introduction As a commercial collection agency, the primary way AG Adjustments (AGA) helps our clients is through the collection of their seriously delinquent debt. One of the ways that our clients can aid in our collection efforts is by having their customers fill out a credit application that provides measures of protection and will increase...Read More
“Cash is King” and if you are not maximizing your cash flow it can have serious repercussions on your operations and bottom line. Most companies, in particular SMBs, wait too long to aggressively go after their slow paying accounts. As it cost’s 4x as much to bring on a new customer as it does to...Read More
This is a common-sense approach to the problem of determining whether a customer is about to become a collection problem. Companies that have a cash flow problem must choose which vendors they will continue to satisfy and which vendors they will not. If a company has insufficient cash on hand to pay all of their vendors on...Read More
On December 7th at 9 AM PST, The Credit Management Association (CMA) will host AGA’s Vice President Sam Fensterstock who will talk CMA members through best practices in collections that will help show: The effects of write-offs on a company’s profits. What happens when a customer becomes delinquent? Why will a commercial collection agency collect...Read More
Let us say that you have placed your former customer for collection and your agency’s demands as well as local attorney demands have not been successful. Both your agency and your attorney believe that litigation (provided the amount due falls above your suit parameters) is your only hope of being paid. If the former customer...Read More
On October 5th AGA’s SVP of Business Development presented a webinar hosted by Bectran titled Data, Information & Knowledge – How Important Is It In The Credit & Collection Process. You can watch a recording of the webinar here.Read More
On September 22nd AGA hosted Scott Hazan and Jennifer Feeney of Otterbourg PC as they presented The Modern Ch 11 Bankruptcy Dilemma, an insightful conversation about the changes in the bankruptcy law and the burgeoning activity of hedge and equity funds have dramatically changed the Chapter 11 landscape. To download this presentation click here . Read More
