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How to Write a Dunning Letter

A dunning letter serves as a method for businesses to notify customers about late payments. These letters are vital in the process of collecting debts, acting as a courteous...

February 27th 2024 Author: Brendan Gilbert

How to Write a Dunning Letter

Understanding Bad Debt

Bad debt is the amount of money owed that is not expected to be recovered by a creditor, often arising from the financial challenges faced by customers, such as...

February 8th 2024 Author: Brendan Gilbert

Understanding Bad Debt

The Impact of Bankruptcy on Small Businesses

In the world of business, the pursuit of success and profitability are commonly sought-after goals. In the pursuit of growth and prosperity, some small businesses may face an unfortunate...

January 16th 2024 Author: Brendan Gilbert

The Impact of Bankruptcy on Small Businesses

B2B Collections: Best Practices

B2B collections play a crucial role in maintaining the financial health of businesses of all shapes, sizes, and descriptions. Efficiently handling accounts receivable and promptly recovering debts are essential components...

November 28th 2023 Author: Jeremy Crane

B2B Collections: Best Practices