Navigating Debt, Credit, and Collections During Deflation

By |August 7th, 2023|Categories: Asset & Liability Reports, Business Credit Reports, Commercial Collections|

Deflation or shrinking economies are curious economic creatures we all have to deal with. When it strikes, it brings about a decrease in the general price level of goods and services, leading to an increase in the purchasing power of money. For many businesses, particularly those extending credit terms to their customers, it can create a complex web of challenges.Understanding the impacts of deflation on credit extension, identifying red flags amongst customers, and having mitigation strategies in place, including partnering with debt and credit collection services expert, can help to safeguard the business and protect your ROI as a business[...]

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Information Superiority Advantage in Commercial Debt Recovery

By |July 27th, 2023|Categories: 3rd Party Collections, Asset & Liability Reports, Business Credit Reports, Commercial Collections, Flat Fee Collections, Litigation|

In today's competitive business landscape, every advantage counts. When it comes to extending credit as well as liquidating receivables, information superiority can be the difference between getting paid in full and writing it off as a loss.Bravo Recovery, Inc. is a leading commercial debt recovery agency that understands the importance of information superiority. Our investigative capabilities give us a significant advantage in the collection process, as we can use it to target our collection efforts more effectively and efficiently. We understand that time is money, so we take a proactive approach to liquidating commercial receivables.In addition to our extensive data[...]

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How to Increase Sales by Implementing Net Terms

By |March 16th, 2023|Categories: Asset & Liability Reports, Business Credit Reports|

Have you ever considered giving terms to your commercial customers? Net terms are another way to increase sales by offering credit to customers – and who isn’t looking for more sales… Here are a few examples of how implementing net terms to your company can boost sales.Encouraging larger purchases - Offering net terms allows customers to make larger purchases by spreading out payments over a longer period of time. This can help to increase the average sale amount.Building customer loyalty - By offering net terms and providing a positive experience during the credit granting process, you can build customer loyalty.[...]

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How To Choose The BEST Collection Agency

By |October 27th, 2022|Categories: 1st Party Collections, 3rd Party Collections, Asset & Liability Reports, Business Credit Reports, Commercial Collections, First Party Staffing & Recruiting, Flat Fee Collections, International Collections, Litigation|

Businesses will inevitably encounter unpaid receivables. Businesses can attempt to collect on their own; however, partnering with a collection agency can help improve returns on those debts.As many as there are reputable collection agencies, there are that many bad ones out there. It is important to do some research on the agency. Some key factors to consider are:Does the agency handle commercial collection debt?Can the agency handle both domestic and international commercial debts?Is the agency professional and persistent?How does the agency report progress?Does the agency offer credit reporting?Here, at Bravo Recovery, our staff has more than 100 years of combined[...]

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