MRG Blog

Can You Collect on Old Commercial Debt?

Posted
June 10, 2020

Unpaid invoices are the bane of any company, no matter the size. These debts can be the result of the customer having financial difficulties. They can also stem from errors in your company’s account receivables process. Whatever the reason, unpaid invoices can be the source of much frustration...

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What is a Commercial Collection Agency?

Posted
May 28, 2020

To understand what a commercial collection agency is, it’s important to first understand how it differs from a consumer debt collection agency. The latter type of agency focuses on collecting debts owed by individual consumers who have applied for, and gained approval for various types of loans...

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Benefits of Using a Commercial Debt Collection Agency

Posted
April 14, 2020

When your company is dealing with past-due customers, it can be difficult to know when to turn to a commercial debt collection agency or pursue litigation. Before moving forward, consider the steps you have taken so far to collect on the payment. Here are some questions you might ask yourself...

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5 Tips When Collecting Commercial Debt Payments

Posted
April 13, 2020

Having a high accounts receivable (A/R) turnover to cash ratio is ideal for any size business. The faster customer invoices are collected, the sooner you can put that cash flow back into your company’s practical operational endeavors toward making more money.Reduce debt and fund growth! Having...

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How to Hire a Collection Agency

Posted
February 4, 2020

When your company is tired of getting the short end of the stick and ready to take permanent charge of correcting no-pay and slow-pay customer behavior, it’s time to choose the right commercial collection agency. To be sure, there are lots of options out there, but very few that get it right virt...

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