Blog | Commercial Collection Firm Of America

Late Fees, Interest Charges and Finance Charges: Why Businesses Use Them

Late fees, interest charges, and finance charges are practices commonly used by businesses to encourage timely payment and compensate for th

Full-Service Commercial Debt Collection Agency

As a full-service commercial debt collection agency, CCFA is equipped to handle all aspects of debt collection for businesses of all...

Accounts Receivable Services: How They Can Benefit Your Business

For businesses that extend credit to their customers, managing accounts receivable is a crucial part of financial management. Accounts...

What happens if a business is not paid by a customer?

If a business is not paid by a customer, it can face several difficulties, including: Cash flow problems: If a business is not paid on...

Rate vs Return: Why Returns are more important than low rates

When it comes to debt collection agencies, many businesses prioritize finding a low-cost solution over a company that will deliver the best

Commercial Collection Firm of America Receives 2022 Best of Aurora Award

Benefits of Commercial Collection Agency Services

One of the main benefits of using commercial collection agency services is that they can help businesses recover debts that might...

What are Commercial Collection Agency Services?

Commercial collection agency services are a type of financial service that helps businesses collect unpaid debts from other businesses or...

Do you have a customer or a debtor?

Whenever a company sells on credit, it is inevitable that some customers will fail to pay their accounts in accordance with the...

Giving Customers the Benefit of Doubt: A Double-Edged Sword

As a business owner, maintaining positive relationships with customers is essential to the success of your business. This includes...

10 Reasons Why You Should Let a Commercial Collection Agency Handle Your Delinquent Invoices

As a business owner, dealing with delinquent invoices can be a frustrating and time-consuming process. It can take a toll on your staff...

The Art of Commercial Collections: Best Practices for Recovering Business Debts

Commercial collections refers to the process of recovering outstanding payments from commercial clients or customers. As a business owner...

COVID-19 UPDATE

In an effort to keep our Commercial Collection Firm of America clients informed. We wanted to share the following updates. Commercial...

Demystifying Demand Letters: What You Need to Know

If you're dealing with debt collection, you may have heard the term "Demand Letter" thrown around. But what exactly is a Demand Letter,...

Aging Report Analysis: Why it's Crucial for Your Business

Managing your business's finances is essential to ensure its long-term success. One of the key elements of financial management is...

How to Collect Debt Without Hiring a Collection Agency

If you're a small business owner or an individual who is owed money, you may be considering hiring a debt collection agency to recover...

Benefits of hiring CCFA as your Debt Collection Agency

At CCFA, we pride ourselves on our cutting-edge skip tracing software, which is unparalleled in the industry. Unscrupulous customers who...

How Do Debt Collection Agencies Work

Debt collection agencies are third-party companies that specialize in collecting unpaid debts on behalf of businesses or individuals....

How to select a Debt Collection Agency for Your Small Business: Tips and Guidelines

As a small business owner, it's important to collect payments from your customers in a timely manner to maintain a healthy cash flow....

Undercapitalization: The number one reason businesses fail

Undercapitalization is a major problem for businesses of all sizes and can have significant negative impacts on their operations, growth,...