Your Roadmap to Success Think of business credit as your company’s financial report card. A good score can open doors to better loans, lower insurance rates, and sweeter deals with suppliers. A not-so-great one? Well, that can make growing your business feel like trying to run a marathon in flip-flops. Building a strong business credit […]
Recover What’s Owed Without the Drama Learning how to collect commercial debt doesn’t have to be overwhelming—even when unpaid invoices start squeezing your cash flow. Whether you’re a business owner, finance pro, or part of a legal team, knowing how to tackle debt recovery is key to keeping your finances steady and your business relationships […]
We are thrilled to share that ALTUS Commercial Receivables has been named the Best Commercial Debt Collection Company of the Year by Financial Services Review! 🎉 This prestigious recognition highlights ALTUS’ unwavering commitment to delivering exceptional commercial collection solutions that help businesses across all industries protect cash flow, reduce risk, and accelerate the credit-to-cash cycle. […]
A Guide for Business Owners Chasing unpaid invoices is never fun, but for businesses of all sizes, successful commercial debt collection is crucial to keeping cash flow healthy and operations running smoothly. For SMEs (Small and Medium Enterprises), it can be the difference between thriving and struggling. Missteps in the process can lead to legal […]
Tips for Staying Financially Strong Running a business comes with its challenges, and one of the most significant is avoiding bankruptcy. Business bankruptcy doesn’t just impact financial stability; it can damage reputations, disrupt operations, and threaten the very survival of a company. However, understanding why businesses face bankruptcy and implementing strategies to prevent it can […]
Protecting Your Business Against Credit Risks The implementation of the recent tariffs continues to be a hot topic among business owners and financial professionals. Despite changes in political administration, the tariffs recently imposed have largely remained in place, impacting industries across the board. But how exactly do these tariffs affect businesses, and more importantly, how […]
A Guide to Creating Effective Standard Operating Procedures (SOPs) Collecting commercial debt isn’t just about chasing payments—it’s about balancing strategy, professionalism, and relationships. How do you recover overdue payments while keeping cash flow steady and business connections strong? The answer lies in having a solid plan. For financial managers, debt collectors, and business owners, robust […]
A Guide For Businesses Nationwide Chasing overdue payments can feel overwhelming, but it doesn’t have to be. For businesses, financial managers, and entrepreneurs, the question “what is commercial debt collection?” is key to keeping cash flow healthy and stress levels low. This guide breaks it all down—what commercial debt collection really means, why it matters, […]
Extending credit to customers is a common practice in the business-to-business (B2B) space. Credit allows businesses to make bulk purchases and meet their customer needs. According to a 2023 survey, 85% of B2B buyers want to buy goods and services and postpone payment to suppliers. In addition, 60% of surveyed professionals stated they prefer credit […]
Companies are increasingly using advanced digital tools to increase their debt recovery efforts. Different platforms have varying capabilities, but most streamline the collection process by providing automated solutions. For example, debt recovery software can replace manual processes such as dunning, payment tracking, and settlement processing. Others can also provide detailed reports and analytics to help […]
