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Why Outsource?
We will send a free “10 Day Demand Letter” to your debtor utilizing
our letterhead on our clients’ behalf. The debtor is instructed to remit
payment to our client or face our involvement. If the debtor pays within the
10 day period there is no fee or charge whatsoever. If the debt is not paid
within the allotted 10 day time frame the debtor will then be placed with us
for collections on day 11. What better way to use the power of 3rd party
involvement without the cost?
Tanner & McKinley, Inc.
understand that you want to make as many sales as you can to as many
customers as you can, but you must protect yourself from extended credit
losses. This can, and will lead to conflicting goals between your company’s
credit department and your company’s sales department. The sales of every
company are critical to its growth and survival. Credit departments are often
hindered by the sales department in making a firm impact with credit
decisions. It is imperative that every company have a third party
representative with whom they can communicate their concerns about red-flagged
accounts and allow our professional assistance and direction to
achieve positive results and immediate recovery.
Here are some additional “Red-Flag Warning Signs”
Breaking Terms
Breaks First Promise
Finds Fault With Product or Service
Avoiding Contact
Your Competition Calls For A Reference On A Debtor You Have
Has A Sudden Dispute (usually frivolous)
When it’s time for 3rd party assistance:
Breaks Second or Third Promise For Payment
Ignores Three Or More Phone Calls
Ignores Final Demand
Refuses To Make A Partial Remittance
Refuses To Sign A Personal Guarantee
Knowing the warning signs and taking them seriously can save you and your
company considerable time and money!
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