How is the Supply Chain Affecting Selling on Credit?

Have you been experiencing supply chain disruptions?

Are they affecting your production?

If you’re a manufacturer, you’ve likely noticed the backups in the supply chain. According to an article from Fast Company, a typical shipping container now spends 20% longer in transit than before the pandemic. From port disruptions to trucking challenges, getting your products to your customer can be difficult and can have ramifications when selling on credit.

Your customer typically doesn’t have to pay until they receive your products. Here are some situations that could affect your payment:

• If they receive the products later than expected, your cash flow could be impacted. 
• If your contracts detail a time period in which the customer will receive the products and that time period is missed, the customer could argue that it’s a breach of your contract and could stall their payment. 

Learn how the supply chain can affect cash flow.

RSD Can Help You Collect and Strengthen Your Risk Management System

Has your customer become a debtor?

If you’re having trouble being paid, a knowledgeable and professional debt collector in Michigan can help! 

Ross, Stuart & Dawson can make contact with your debtor and remind them of their promise of payment. Angry people don’t write checks, which is why RSD uses a kind approach to collection.

These supply chain hiccups are predicted to continue throughout 2022, so you may want to strengthen your credit risk management system. RSD can work with you to find gaps and weaknesses in your system and provide solutions.

Contact RSD today for debt collection in Michigan!

Search for a Certified Commercial Collection Agency

Have a debt you need recovered?

Wondering how to find the best agency quickly?

Searching for a commercial collection agency that’s been deemed a “certified agency” by the Commercial Law League of America (CLLA) is a good place to start. According to the CLLA, being a certified agency means the agency has been proven to “adhere to relevant regulations in the collection of commercial debt; use generally accepted accounting practices – and adhere to standards to protect and safeguard their clients’ funds.” 

Any debt collection agency can apply to become a certified agency but must undergo a rigorous application screening to prove they meet the CLLA’s financial standards. Certified agencies are considered industry excellence and are endorsed by the International Association of Commercial Collectors (IACC).

Learn why you should use a certified agency.

We’re a Certified Commercial Collection Agency!

There are only 26 CLLA certified agencies worldwide, and RSD is one of them! When you work with RSD, you can feel at ease knowing we’ve undergone a thorough examination to be considered an industry expert. Think you have a tough debt to collect? We’ve collected every type of debt imaginable, both domestic and international. If we can’t collect your debt, we don’t get paid.

Total client satisfaction is everything to us. We aim to establish and maintain a relationship of trust and reliability with your company. See our reviews!

If you’re ready to start collecting your debt with the only certified agency in Michigan, contact us today! 

Why Should You Use a CLLA Certified Collection Agency?

Need a commercial collection agency?

One that will provide you with the best possible outcome?

You need a collection agency certified by the Commercial Law League of America.

Why Use a Certified Agency?

According to the CLLA, certified agencies provide:

• Maximum dollar recovery
• Prompt collection of debt
• Agency stability
• Reputable collection practices
• Separate trust accounts
• Adherence to rigorous Code of Ethics
• Mandatory Surety Bond protection

We’re a Certified Commercial Collection Agency!

There are only 26 CLLA certified agencies worldwide, and RSD is one of them! When you work with RSD, you can feel at ease knowing we’ve undergone a thorough examination to be considered an industry expert. Think you have a tough debt to collect? We’ve collected every type of debt imaginable, both domestic and international. If we can’t collect your debt, we don’t get paid.

Total client satisfaction is everything to us. We aim to establish and maintain a relationship of trust and reliability with your company. See our reviews!

If you’re ready to start collecting your debt with the only certified agency in Michigan, contact us today! 

RSD Can Assist During the Entire Collection Process

What does the credit collection process look like?

How can you prevent further collections?

Generally, credit collection involves contacting the debtor, figuring out the reason for nonpayment, creating a solution to recover the money you’re owed, and then depositing the funds into your account. This process may seem straightforward, but there can be obstacles at different points in the process that require more specialized credit collection services in Michigan.

During the credit collection process, we may find your debtor has filed for bankruptcy, making them a debtor in possession. Now what?  Do you or your team have experience with bankruptcy laws and know what your rights are? If not, let RSD handle these situations for you. We have resources and bankruptcy attorneys available to help navigate these choppy waters. If you’ve been put in a tough spot due to a debtor’s cash flow situation, we can determine which solution makes the most sense: collections, portfolio liquidation, litigation or settlement. 

After the process has been completed and the debt has been collected, you might decide you don’t want to go through this again. We have consultative and credit policy creation services that can correct issues that affect sales, cash flow, and general operation, as well as create a strong credit policy that minimizes the risk of selling on credit. It’s our goal to improve your credit risk management system and keep your company on its feet!

Learn more about RSD's credit collection services!

Looking for Detailed Credit Collection Services in Michigan?

Ross, Stuart & Dawson has 46 years of experience in debt collection, collecting both domestic and international debts. We’ve had enough experience to know you need an individualized approach for your unique business and circumstances. We take the time to understand the details of your business and provide the best solution for you, not only with collections, but with your total credit management system.

For credit collection services in Michigan, contact RSD today!

Credit Collection Services Can Include More Than Just Debt Collection!

Looking for data on a debtor?

Or a potential client?

Before collection begins, or even before a signing a contract with another organization, you might want a credit report investigation to see if your debtor, or the potential person you’ll be working with, has healthy financials. We work with Experian to provide unbiased business credit reports that can give you a peek into their financial operations. Looking for a little more data? RSD can provide actual trade and debt information on your clients or potential clients. Still looking for a little more data? Credit worthiness isn’t just about financial data. We work with investigative services to curate background checks, asset searches, and bank account verifications. We can even send a field investigator to the debtor’s location to determine their physical status.

See what other credit collection services RSD can provide for you!

Looking for Detailed Credit Collection Services in Michigan?

Ross, Stuart & Dawson has 46 years of experience in debt collection, collecting both domestic and international debts. We’ve had enough experience to know you need an individualized approach for your unique business and circumstances. We take the time to understand the details of your business and provide the best solution for you, not only with collections, but with your total credit management system.

For credit collection services in Michigan, contact RSD today!

Insurance Industries We Serve

Are your policyholders not making payments on time?

Are you in need of a debt collector?

Our experience in insurance collection focuses the following areas:

• General Liability
• Property
• Business Interruption
• Professional Liability
• Workers' Compensation
• Data Breach or Cyber Insurance
• Commercial Auto

These areas all require unique knowledge and expertise, which our certified collection professionals have. When you hire a collection agency like Ross, Stuart & Dawson, we’ll implement a strategy that works best for your unique case. What’s most important to you is also important to us! Every one of our cases gets dedicated, personal attention, whether your claim is big or small.

Read more about commercial insurance collection on our website!

Get Paid from a Debt Collector in Michigan

As a carrier, agent, or broker, you should be spending your time doing what you do best: keeping businesses secure! Let RSD, the debt collector in Michigan, worry about your collections. Contact RSD today at (248) 370-8160 to get started.

Insurance Collections with RSD

Are you an insurance company struggling with nonpayment?

Are you looking for a debt collector in Michigan?

The professionals at Ross, Stuart & Dawson have years of experience in commercial insurance collections. We understand that insurance collections can be complicated, and we want to help settle your past due accounts. Our strategies emphasize professional and respectful debt collections, ensuring that you receive the money you’re owed in a practical manner. We specialize in settling claims with efficiency and skill and understand what needs to be done to serve our clients most effectively.

Learn more about commercial insurance debt collection.

Get Paid from a Debt Collector in Michigan

As a carrier, agent, or broker, you should be spending your time doing what you do best: keeping businesses secure! Let the experts at RSD worry about your collections. Contact RSD today at (248) 370-8160 to get started.