Are you a small business owner?
Have you been wondering if a debt collector is necessary for a business of your size?
According to LendingTree, nearly 20% of small businesses will fail within the first year. After five years, around 50% of small businesses will close. One of the top reasons small businesses close is poor cash flow. RSD can help by acting against late payments immediately. The longer you wait to collect, the less money you’re expected to receive. A debt collector, especially a Commercial Law League of America (CLLA) certified debt collector like RSD can provide maximum dollar recovery!
Small businesses may also fail due to poor operation decisions. Small mistakes such as not requiring credit applications for customers, not keeping a paper trail on debtors, using unconventional payment terms, or having a less than seamless billing system can cause payment issues. To fully address these issues, you’ll need a robust credit risk management system, which RSD can help you design.
Learn how RSD can help larger businesses on our website!
Debt Collection Agency Serving Kentwood Area
Need help collecting in Michigan? Searching for a collection agency serving Kentwood?
RSD can collect from anywhere in Michigan! Contact RSD for commercial debt collection today!
No comments:
Post a Comment