Conversations about outstanding debt are never easy. However, they are even more difficult during the holiday season. That may be even more true this year, as Americans have spent most of 2020 dealing with the COVID-19 pandemic and all that comes with it. As of this...
Debt Collection Best Practices for Nursing Homes
Many people think that debt collection is a pretty straightforward process. However, we know that there are certain industries that require different methods. Some types of businesses and services deal with more sensitive situations, and as such require a different...
Avoiding Unpaid Debt Starts With Sales
Unpaid invoices are inevitable, especially for a growing business. As you serve more people and offer more products and services, there are more opportunities for clients to get out of payments. This is especially true when you start to offer products and services on...
Common Misconceptions About Debt Collection Agencies
No matter how diligent you are about pre-qualifying credit customers or collecting deposits, you will always have customers who don’t pay their invoices. As your business grows and scales, outstanding debt often increases faster. At a certain point, these past due...
Collecting Commercial Debt When a Business Closes
2020 has been a rough year for American businesses. Due to COVID-19, many businesses have had to close or reduce their hours or services. This costs businesses a lot of money in lost productivity and reduces their sales. Since this crisis has now stretched into a...
SWR Debt Recovery Insights from Recently Featured Articles
Working with a Full-Service Collections Agency Every business that extends credit options to their clients is bound to face issues with client debt, but many businesses shy away from allowing professional debt collectors to help. Despite the stigma surrounding debt...
Home Business Mag Feature: Technology in Financial Management
Manage Finances with Technology Modern technology has changed everything about how we live our daily lives. Financial management is no exception. Today, it is easier than ever to manage our finances using apps and AI. However, many of these modern conveniences also...
EconoTimes Feature: What To Expect from A Full-Service Collections Agency
Working with a Full-Service Collections Agency What kinds of solutions can you expect from a full-service collections agency? Our founder recently spoke to EconoTimes about the practical ways that a collection agency can be a valuable partner for your business. In...
Press Release: SRS Provides Credit Recovery During COVID-19
Helping Businesses with Credit Recovery and Cash Flow During this unprecedented health crisis, we are dedicated to helping our clients with credit recovery. By negotiating settlements on debts that have been reported to credit bureaus, we are helping our clients...
Smart Negotiation Strategies for Debt Collectors
Debt negotiation is one of the most difficult parts of a debt collector’s job. It’s an emotional minefield that’s hard to navigate if you’re not up to the task. But as a debt collector, it’s your job to speak with people who owe money to the companies you represent...