AS ADVERTISED ARE YOU GOING TO CONTINUE TO TRUST LADY LUCK TO PROTECT YOUR MOST PRECIOUS ASSET? YOUR CASH FLOW! OUR CLIENTS DON’T! In less than 60 seconds,

Slides:



Advertisements
Similar presentations
CREDIT Chapter 16.
Advertisements

How To Improve Your Credit Score
Amerisource Funding, Inc. (800) US MONEY JUST ASK YOUR CLIENTS IF THEY NEED CASH. WE PROVIDE SHORT-TERM, CASH FLOW SOLUTIONS. WE GIVE COMPANIES THE FREEDOM.
What it can do for you and your
Teacher Instructions 1.Print the lesson, 2.Display slide 2 with Procedure step 1 in the lesson. 3.Display slides 3 and 4 with Procedure step 4 to use as.
COMMERCIAL FACTORING What it can do for you and your business…
Introduction to Business & marketing
© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 18 SLIDE Credit Fundamentals Cost of Credit.
Understanding Loans and Borrowing Money. Development of Credit  In the Past  Credit Today.
Your Parents Can’t Fix Everything Your credit history Begins now—when you choose and use credit cards Includes your missteps for as long as 7 years.
Insurance Claims Resolution and Self-Pay Recovery Spend more time with patients, and less time worrying about receivables.
 Take a few minutes to look over your notes if you need to take/retake yesterday’s Quiz › Use the resources on Moodle to help you study › We will do a.
For over 23 years NCS has focused on providing wholesale fixed fee collection services to Membership Associations and Large Volume Accounts! Now, we are.
Copyright, 1996 © Dale Carnegie & Associates, Inc. GETTING OUT OF DEBT MINI-LESSON INDIANA DEPARTMENT OF FINANCIAL INSTITUTIONS CONSUMER EDUCATION.
Lesson 8 Getting a Credit Card. Key Terms APR Credit Credit Card Creditor Debtor Finance Charge Interest Rate Introductory Rate Late Fees Minimum Payment.
Personal Finance Chapter 16
® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc.
Math, Banking, and Credit Unit
Financing Unit 6.
Credit Wisdom. Managing Money & Credit: A Lifelong Skill.
Using Credit. Terms to know Credit Creditor Revolving Charge Account Installment Account Vehicle leasing Cash loan Collateral Cosigner Home equity loan.
5.1 Savings and Investing 5.2 The Rule of 72 Getting Started.
Labor Unions and Credit. Labor Unions Association of workers organized to improve wages and working conditions for its members. A group has more power.
Card A. Risk 12/ Lance L. Lancer12/12 Credit: History, Types, Dangers Chapter 10.
Credit basics Advanced Level.
Credit Cards Did you know that 183 million Americans are using credit cards? Average credit card debt is ~ $7,100 per household in 1012.
Credit 101: Do You Pass the Test? Brought to you by [Insert CU name here]
+ Credit in America Chapter 16 Credit Management Unit 4.
Section 5-1 Monthly Payments. What do you know about Credit? Credit is whenever goods, cash, or services are provided in the promise to pay at a future.
CreditUnitReview JEOPARDY Consumer credit The use of credit for personal or individual needs.
Chapter 16 Credit in America
Short Term Financing FINC5880 Spring 2014 Shanghai- week 7.
Credit Credit is a sum of money a person can use for a period of time before having to reimburse the lender.
Banking and Credit Cards. Fees ATM Fee- charge for using ATM services from a different bank ATM Fee- charge for using ATM services from a different bank.
Law in American Society Ms. Gikas.  Credit: buying goods or services or borrowing money in exchange for a promise to pay in the future  Creditors: people.
Please… Log into Moodle and complete today’s Bell Ringer.
2.4.1.G1 © Family Economics & Financial Education – December 2005 – Get Ready to Take Charge of Your Finances – Take Charge of Credit Cards Funded by a.
Unit 4 Part 2: Credit Cards What You Need To KNOW.
Ways to Maximize Effective Collections – Tracy L. SpearsFebruary 17, Ten Tips for Maximizing Cash Flow SEABA June 30, 2011 Presented by: Steven.
Discuss the factors on which credit is granted and the cost of credit. G42.
Ways to Maximize Effective Collections – Tracy L. SpearsJune 4, Ways to Maximize Effective Collections June 4, 2009 Presented by: Tracy L. Spears.
Trade Management  Module 4.  Learning Objectives:  Managing receivables  Securing receivables  Sales documentation.
Unit 5: Personal Finance Services of the Bank  Place to store your money safely – an Account.
StretchPay The Credit Union Salary Advance Loan Alternative Presented By: Doug Fecher, President/CEO Wright-Patt CU.
HOW TO GET AND KEEP CREDIT. PICKING A CREDIT CARD You will have to fill out an application. It will ask about where you live, where you work, what other.
Credit, Credit Cards, Scores and Compound Interest Today, you will need: Spirals, writing utensils, brains. Please, and thank you.
* Do you have a checking account or credit card that you pay for? Do you know how to manage a checking account or credit card? * Please put your responses.
© SOUTH-WESTERN EDUCATIONAL PUBLISHING LESSON 16.1 UNIT 6 WHAT IS CREDIT? DESCRIBE HOW CREDIT DEVELOPED IN AMERICA. DEFINE BASIC CREDIT VOCABULARY. DISCUSS.
Credit and Credit Cards Good Credit Bad Credit No Credit Good Credit Bad Credit No Credit.
MoneyWi$e Webinar: Good Credit What is credit?  Ability to borrow money or obtain goods.  Your promise to pay the original cost later or over time plus.
Using Credit Wisely Types of Credit Credit Card Allows user to charge amounts in different places Given a credit limit, or maximum amount you can.
What’s a Credit Report? From age 18 on, agencies collect data about your spending habits. Monitor your ability to handle risks (i.e. loans I installment.
10 Points Question- What is the definition of Character?
TAXCO BUSINESS SERVICES INC. Division of Des-Dawn Corporation BOOKKEEPING | PAYROLL | TAX FILING | TAX PLANNING | CONSULTING INTRODUCING TAXCO BILL PAY.
How to establish, use and protect your credit Discussion Topics 4 What is a creditor? 4 What is a debtor? 4 What is a credit history? 4 What is a credit.
CREDIT Personal Finance. Advantages of Credit  Improved Standard of Living:  Credit lets you purchase items now, instead of having to wait until you.
Credit basics Advanced Level.
Money Management Sebastian Hesse. Opening a Bank Account You need to have a bank account. Its easy, selecting the bank you want to work with, call to.
2.4.1.G1 © Family Economics & Financial Education – December 2005 – Get Ready to Take Charge of Your Finances – Take Charge of Credit Cards Funded by a.
MONEY MANAGEMENT William Blochberger. OPENING A BANK ACCOUNT  Setting up a business bank account is easy. Start by selecting the bank you want to work.
1 Chapter 9: Accounting Basic Accounting Concepts Businesses engage in activities that concentrate on financial worth, such as money, spending, expenses,
Chapter 16 Credit in America  What Is Credit?  Types and Sources of Credit.
Getting a credit card. © Family Economics & Financial Education –Updated April 2009– Credit Unit – Understanding a Credit Card Funded by a grant from.
Unit Four Good Debt, Bad Debt: Using Credit Wisely.
Chapter 36 Financing the Business Section 36.1 Preparing Financial Documents Section 36.2 Financial Aspect of a Business Plan Section 36.1 Preparing Financial.
How To Improve Your Credit Score Federally insured by NCUA Great Rates. Personal Service. chevronfcu.org 
Borrowing Wisely Senior Advisory Week of May 23, 2016.
Going Into Debt Chapter 4 - Economics. What is Credit? Receiving Funds to buy goods with the promise to pay funds back Allows middle class to purchase.
1Copyright © 2007 by Saunders, an imprint of Elsevier Inc. All rights reserved. Bank Deposits Prepared at the end of each day Prepared at the end of each.
Who cares….is there really that much to know about them???
Presentation transcript:

AS ADVERTISED ARE YOU GOING TO CONTINUE TO TRUST LADY LUCK TO PROTECT YOUR MOST PRECIOUS ASSET? YOUR CASH FLOW! OUR CLIENTS DON’T! In less than 60 seconds, your problems become our responsibility! Creditors’ Alliance, Inc. will collect on any account for $13.84 per account regardless of size and location. No hidden charges or commissions. Money is paid directly to you – not Creditors’ Alliance, Inc. Every day you delay costs you money. Learn how Creditors’ Alliance, Inc. can put your money back in your business where it belongs. Ask about our Iron Clad Guarantee. Contact us today! Find out how we can convert debtors into repeat customers for $ Creditors’ Alliance, Inc. PO Box 1288 Bloomington, IL

WHY GO OUT AND BORROW WHAT YOU ALREADY HAVE? OPERATING CAPITAL ACTUALLY COSTS TWICE WHAT YOU THINK IT DOES WHEN YOU HAVE MONEY TIED UP IN OUTSTANDING DELINQUENT ACCOUNTS.

NATIONWIDE SERVICE SERVICING ACCOUNTS FROM $20 TO $1,000,000  GUARANTEED NO EXTRA FEES.  Debtor saved as a CUSTOMER if at all possible. results to our customers.  You maintain complete control of accounts at all times.  Payments are made DIRECTLY TO YOU.  NO PERCENTAGES paid to Creditors’ Alliance, Inc.

THIS IS YOUR MONEY DEPRECIATING IMPORTANT FACTS ABOUT PAST DUE ACCOUNTS: Every day past due accounts stay on your books, they decrease in value. Eventually they become worthless! YOU DON’T OWE THE MONEY…BUT YOU ARE PAYING THE BILL ►INVOICES ►STATEMENTS ►POSTAGE ►LETTERS ►PHONE CALLS ►TIME & AGGRAVATION

DON’T WAIT!, For some industries, the due date may be several months after the delivery date Source: “Annual Collectibility Survey,” the Commercial Collection Agency Section of the Commercial Law League of America, New Providence, NJ, April USE CREDITORS’ ALLIANCE, INC.

YOUR REQUEST FOR CREDIT WAS NOT IGNORED. PLEASE DO NOT IGNORE OUR REQUEST FOR PAYMENT. TYPICAL BILLING PROCEDURES Goods Shipped or Work Completed First of the Month Beginning of the Second Month Beginning of the Third Month Invoice Mailed Statement Mailed Statement Sent (Account is NOW Past Due) Final Statement Sent An audit of your account shows it is PAST DUE. If this account is not paid within 15 days it will be turned in for COLLECTION. PAST DUE PAYMENT MUST BE MADE WITHIN 10 DAYS OR COLLECTION PROCEDURES WILL BE NECESSARY TEN DAYS LATER….. CREDITORS’ ALLIANCE, INC. YOUR COLLECTION PROBLEMS BECOME OUR RESPONSIBILITY!!!

A REALISTIC COMPARISON CREDITORS’ ALLIANCE, INC. PERCENTAGE COLLECTION AGENCY Value of Accounts Turned Over………...$10,000 Agency if it Collects (If it collects 50%)……$5,000 Agency Keeps (at 50% Fee)………….$2,500 YOUR SHARE……...$2,500 Value of Accounts Turned Over………$10,000 Creditors’ Collects…$5,000 Creditors’ Keeps…....$0.00 YOUR SHARE…….$5000 SUCCESS RATE AVGRAGES 35-55% AVERAGES 15-25% MONEY DIRECTLY TO YOUAGENCY HANDLES YOUR MONEY (Delays you receiving your money for up to another month) NATIONWIDE SERVICE MAY REFER OUT ACCOUNTS WORKS ON ALL SIZE ACCOUNTS TENDS TO CONCENTRATE ON LARGE OR EASY ACCOUNTS YOU CONTROL THE SERVICE WHO CONTROLS ACCOUNTS??

WHAT ARE WE DOING TO RECLAIM YOUR MONEY??? 35-55% COLLECTION RATE BASED ON ACCOUNTS TURNED OVER FOR COLLECTION NATIONWIDE PAYMENTS ARE MADE DIRECTLY TO YOU! ***FAST ***EFFICIENT ***NO PERCENTAGES

CREDITORS’ ALLIANCE, INC. WILL COLLECT FOR A FLAT ONE TIME FEE OF $13.84 PER ACCOUNT (PER 100 ACCOUNT BASIS) NO PERCENTAGES AND NO HIDDEN FEES NO MATTER THE SIZE OR AGE OF THE ACCOUNT GUARANTEE : USED ACCORDING TO OUR INSTRUCTIONS: WE MUST COLLECT 2X THE COST OF SERVICE OR EVERY PENNY YOU PAID WILL BE REFUNDED. (BASED ON A 100 ACCOUNT SYSTEM)

THERE IS NO RISK WITH OUR MONEY BACK GUARANTEE IN TO THIS… OR YOUR MONEY BACK!! We turn this into

ALL SYSTEMS COME WITH THE REFUND GUARANTEE $13.84 = $1384 ($2768 Guaranteed $19.68 = $984 ($1968 Guaranteed) $27.80 = $695 ($1390 Guaranteed) $52.50 = $525 ($1050 Guaranteed) YOU GET YOUR MONEY BACK IN 3 WAYS: 1.Your customer pays YOU back directly! 2. Include the cost of each transmittal in the amount owed. (If allowed by law) 3. If we don’t collect at least twice what you paid for the system, your cost is refunded per contract.

INFORMED BUSINESSES WHO HAVE CHOSEN C.A.I. BANK OF ILLINOIS * CENTURY 21 * CULLIGAN INTERNATIONAL * IGA HUNTINGTON LEARNING CENTERS * SERVICE MASTER * MATCO TOOLS LAND & WHEELS * RYDER TRUCK RENTAL * HARDINGS FRIENDLY MARKET HARLEY DAVIDSON * GT TELECOM * DURA-CLEAN * NAPA AUTO PARTS MOLLY MAIDS * MID-ILLINI CREDIT UNION * BRIDGESTONE COMPANY INC. CALVIN COLLEGE * SYLVAN LEARNING CENTER * THRIFTY CAR RENTAL BLACKHAWK PROPANE * CARDIAC DISEASE SPECIALISTS * MARKET DAY KEMPER INSURANCE * HEITZ OPTICAL * MONARCH VISUAL SOLUTIONS DR DANIEL BEER DDS * FOX HILL APARTMENTS * DAVIDSON CHIROPRACTIC FOX RIVER DENTAL ASSOC * STAR COMPANIES INC * HANGERS UNLIMITED AND….THOUSANDS OF SMALL BUSINESSES, NATIONWIDE!

FREE CONVENIENT SERVICE! FAST EASY SECURE JUST TYPE & SUBMIT NO PRINTING NO POSTAGE FREE CONVENIENT SERVICE! FAST EASY SECURE JUST TYPE & SUBMIT NO PRINTING NO POSTAGE FREE CONVENIENT SERVICE! FAST EASY SECURE JUST TYPE & SUBMIT NO PRINTING NO POSTAGE