Tuesday, November 11, 2008

Creditors: Obtain Information Before Transaction!


BCA Financial Services Collection Agency Clients:

Start off 2009 on the right foot:

This past year at BCA Financial Services Collection Agency, we have seen literally hundreds of claims come in to our office with very little or no “back-up” information.Remember the last time you obtained a loan at a bank? You sat there and filled out numerous boxes of information so detailed that they can tell you the maiden name of your mother.

When you extend credit at your business, it’s not unlike a bank loan. While you may not need as much information as the above bank, you’ll need all the basics—plus: TRADE STYLE for business credit transactions and PLACE OF EMPLOYMENT for consumer transactions.

Protect your business – obtain information when giving credit.





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