When to Place an Account

With Centralized Business Solutions Company

  • The customer does not respond to the first invoice.
  • Payment is not made within terms.
  • The customer makes repetitious, unfounded complaints.
  • The customer denies responsibility.
  • The customer is a skip.
  • The customer fails to keep in contact.
  • THE LONGER YOU KEEP AN ACCOUNT ON THE BOOKS, THE LESS CHANCE THERE IS OF COLLECTING IT.
  • To maintain close control over bad debts place them with us!

More Credit Problem Indicators:

  • Non- sufficient funds check (NSF)
  • Debtor never available
  • Extreme changes in payment habits
  • Broken promises
  • Unfounded disputes
  • Operating at a loss
  • Biggest Customer went bankrupt
  • Changed banks
  • Growing faster than planned
  • Facing cash flow problems
  • Disputes with partners or principals
  • Poor working capital position
  • Heavy indebtedness

We are needed if a customer is:

  • Habitually slow paying
  • Skips, runs away from debt
  • Tries to reduce debt through complaints
  • Changes jobs frequently
  • Does not return calls
  • Rude and will not work with you
  • Mail returned & phone disconnected

Once you place an account…

Once an account is placed with us, you cannot continue to add interest or any other fees. Cease sending out statements and any other collection efforts. If the debtor contacts you in any way, refer them back to CBSC, and let us know they have contacted you.