Introduction: Inflation has always been an economic force that impacts various sectors, and the construction industry is no exception. As we enter 2023, construction professionals are facing the challenge of managing debt collection while grappling [Read More]
Strengthening Financial Foundations Debt collection has long been viewed as a negative aspect of personal finance. We often associate it with financial distress, stress, and negative experiences. However, it is important to recognize the [Read More]
DSO in the Construction Industry As a construction company, managing your finances is crucial to maintaining a healthy business. One key metric to consider is Days Sales Outstanding (DSO), which measures the average number [Read More]
Effective Debt Collection for Construction Companies Construction companies face a triple threat when it comes to debt: high costs of materials, payment delays by clients, and the need to pay subcontractors and suppliers. This [Read More]
Contingency Debt Collection | Contingency Collection Agencies When running a business, unpaid debts can be a significant problem, leading to cash flow issues and a negative impact on your bottom line - that's where [Read More]
5 Effective Strategies for Streamlining Your Construction Debt Collection Process in 2023 As the construction industry continues to grow, managing debt collection has become a crucial aspect of maintaining financial stability. Unpaid debts can accumulate [Read More]
What is an Asset and Liability Investigation? As a leading debt collection agency specializing in B2B collections, Construction Credit & Finance Group are the construction industry's go-to experts in asset & liability investigations. Learn everything [Read More]
Strategies for Effective Collection of Accounts Receivables Accounts receivable is an essential part of any business. It helps to ensure that you receive the money owed to you by customers, but collecting on these [Read More]
What is a Surety Bond For Jail? As a leading debt collection agency specializing in B2B collections, Construction Credit & Finance Group has extensive knowledge about surety bonds and cash bonds. These bonds are crucial [Read More]
Collections Abbreviations | Acronyms in Debt Collection Industry The debt collection industry is known for having its own set of collections abbreviations and acronyms that can be confusing for those outside the field. The team [Read More]
