Debt Collection for Small & Medium-Sized Businesses

If you have a small or medium-sized business, you know how vital a strong bottom line is for success. Trusting the experts at a commercial collection company like Altus Receivables Management helps you increase your cash flow and stay on track.

A/R Management and Collections for Small Businesses

If you work with vendors and other businesses, you’ll have to deal with unpaid accounts receivable (A/R), or payments owed to your business. A/R management is about ensuring those payments are made accurately and on time.

However, you may not always get your money when you should. Whatever the reason behind them, unpaid debts and invoices can hurt any company’s bottom line. For an SMB, those delayed or missing payments can negatively impact your ability to operate. That’s where commercial collections come into play.

Debt collection involves pursuing the payments other businesses owe you. You can undertake the collections process yourself, which can consume much of your time and valuable resources, or you can work with an agency of debt collection experts like Altus who understand small business needs. Check out our collection tips for small businesses!

Benefits of Commercial Collections and A/R Management for SMBs

As a small or midsized business owner, you’ll find that a collection company offering professional A/R management benefits you in several ways:

• Higher success rate: Debt collection agencies understand the ins and outs of the industry and have experience putting that knowledge into practice. You’re more likely to receive the payments you’re owed if you work with a commercial collections company like Altus Receivables Management.
• Save time and resources: When you hand over the complicated task of collecting debts to a professional agency, you’ll be able to focus your energy and resources on other important functions that help your business thrive.
• Legal protections: Seeking payments on unpaid debts can be contentious. A/R management experts understand the law and will secure your money legitimately.

Why Should You Work With Altus Receivables Management?

Successful A/R management is a crucial part of your business, so finding the right partner is a must. You want to work with a debt collection agency that understands your small business and the unique A/R management challenges you face. With Altus Receivables Management, you’ll benefit from:

• Our experience: We’ve been in business for over 30 years, and Altus collections agents have an average of 12 years of experience.
• Our technology: ARM STRONG™ is our leading-edge collections platform that gives you all the information you need whenever you need it.
• Our range of services: Our team offers several A/R management and collection services for businesses in every industry.