Fri.Feb 07, 2025

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Common Reasons Why Your Invoices Go Unpaid

Enterprise Recovery: Accounts Receivable

It can be easy to get frustrated and make assumptions about why your invoices aren't being paid on time. The problem is that your frustration doesn't solve or prevent the situation from happening. After years of recovering delinquent debt for B2B clients, we've identified many reasons behind late or unpaid invoices. Read on to discover the reasons behind unpaid invoices and how to tackle them effectively.

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Garnet Capital Hires New Senior Vice President

RMAi Blog

Garnet Capital Advisors, a leader in the national loan sale market, is excited to announce the addition of a new member to its management team: Andrew (Andy) Hagerman. Andy will be an SVP at Garnet, primarily focused on coordination of Garnet’s market leading charged-off business. Andy Hagerman’s Background and Role Andy brings vast expertise to Garnet’s charged-off division.

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What Is a Confession of Judgment?

CreditStrong for Business

As a small business owner, one of your top priorities is to obtain capital for your business, sometimes through credit. But whether you’re accepting a business loan, line of credit, merchant cash advance, or any other type of financing, it’s crucial that you read the fine print in your loan documents. One of the things you’ll want to look out for is a clause known as a confession of judgment.

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Pollack & Rosen, P.A. Expands Nationwide Debt Recovery Capabilities with Acquisition of AACANet

RMAi Blog

Coral Gables, FL February 3, 2025 Pollack & Rosen, P.A. , a leader in legal collections and portfolio management, announces the acquisition of AACANet , a trusted national debt collection network, through its affiliated entity, Gateway Portfolio Services, LLC. This strategic move strengthens Pollack & Rosens ability to provide creditors with enhanced recovery solutions while maintaining the highest standards of compliance and professionalism.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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What Are NAICS Codes and How Do They Work?

CreditStrong for Business

As a small business owner, you’ll learn a lot of new jargon and procedures that are unique to the business world. One such term that you may come across is a NAICS (pronounced “nakes”) code. In short, the NAICS code system helps standardize the classification process of businesses throughout North America. Here’s what you need to know about NAICS codes, including how they’re used, whether they impact your business credit score , how to find your code, and more.

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Tesla Sales Plummeting in Early 2025

Due

With Elon Musk being put in a position of power with the inauguration of President Donald Trump, his companies are certainly being impacted. Most notably, Tesla sales plummeted in Germany by a whopping 59 percent in January, the month when Donald Trump retook the White House. Tesla Sales Dropping Like a Rock This decrease is not only happening in Germany, however.

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