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Commercial Receivables

A commercial receivable arises when a business – from as small as a sole proprietorship to as large as a multi-national corporation – takes out a loan. If the loan goes into default, the commercial debt collection process begins.

Commercial and business loans come from a variety of sources and can be secured and unsecured, depending on the purpose of the loan. There are also several government agencies – like the Small Business Administration – that back or guarantee certain types of loans.

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Join a Record Number of Commercial Collectors at the IACC Annual Conference

Continuing education, best practices and innovation showcase International Association of Commercial Collectors, Inc. (IACC) annual Mid-Year Conference, July 21-23, 2014 in Chicago. This year, attendance appears to be at record high levels as an increasing number of commercial collection professionals seek to learn new ideas to strengthen their business strategies.