Die hard clients or cussedness clients will find some reasons to keep their debt staying in pending. We don’t know why? Maybe they have problems with their business, the same problems like you where they also have high uncollectable account receivables on their customers or their clients. No liquid cash in the main reason why [...]
Posts Tagged ‘Debt Collection’
Crisis, Economic Downturn and Higher Uncollectable Account Receivable
February 13th, 2009
jacky Crisis and Economic downturn is leaving many problems for business companies. While their costumers and new potential buyers are going to lower point, companies’ balance sheets are also suffered by the economic downturn. Most companies (I think all companies) serve both payment methods cash and credit. So as crisis and lower in sales, higher input [...]
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