third-party-collections-credit-and-collections 
Eastern Credit Management Services
JULY 15, 2019
Fret no longer, as this entry in our blog is going to explore how to deal with customers who keep breaking promises to pay on their past due invoice and how a collection agency can help. If you said you’d send the account to a third party collection agency , do it.
Fundera
OCTOBER 10, 2019
Similar to a credit card, the merchant receives full payment upfront. In fact, one study found that offering consumer credit options increases a customer’s average order size by 15%. Plus, 93% of customers in this study who used credit options said they would make use of them again. What is customer financing?
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Fundera
MARCH 3, 2019
If you miss several payments or can’t make payments for an extended time (usually 90 to 120 days), the lender will place the loan in default and can start collection proceedings against you. Both delinquencies and defaults damage your credit. This is called a “penalty rate” or “default rate” and is more prevalent with credit cards.
Fundera
MARCH 5, 2019
These types of payments are processed electronically, typically from a customer’s credit or debit card. Instead, the customer agrees to share their payment information (typically a debit or credit card) with a business’s payment processor , and for their card to be charged based upon a prearranged payment schedule.
Abrigo
AUGUST 28, 2019
Ask the staff of banks and credit unions about the loan application, underwriting, and onboarding processes at their respective institutions, and you’ll likely hear some complaints from them, too. It’s a generational opportunity to enhance earnings. That’s what 99% of bankers are trying to do. You’re always trying to enhance earnings.”
Fundera
JANUARY 18, 2019
Acquire Business Licenses and Permits. Check on Your Business Employer Requirements. Sign Up for Business Banking. There’s a lot to like about Texas. The abundance of tacos, for one. But perhaps more important is the state’s staunch support of its business community. They are not subject to state franchise tax.
Fundera
MAY 11, 2019
First Data sells its products through a vast network of third-party sales organizations, and in most cases pricing is quote-based. Consolidation in the merchant services industry has led to the creation of a handful of mega-providers that account for an outsized proportion of all credit and debit card transactions.
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