Commercial Receivables Feed Link

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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Altus Adds Trade Data Reporting to Suite of Services

Altus Global Trade Solutions (Altus GTS), a full service accounts receivable management agency, has launched its new Trade Data Reporting service. Clients can now report their customers’ payment activity to the three major commercial credit bureaus, Dun & Bradstreet, Experian and Equifax, through Altus’ easy-to-use online portal. This valuable service is offered at no charge to Altus clients.

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ABC-Amega SVP Appointed to International Association of Commercial Collectors’ Board of Directors

ABC-Amega, a global commercial receivable management firm, is proud to announce that Robert (Bob) Tharnish, Senior Vice President of Quality Assurance & Attorney Network Services has been appointed to the International Association of Commercial Collectors’ (IACC) Board of Directors at their 44th Annual Convention in Miami in January, 2015.

Team Work

Altus Launches Alliance Program for Commercial Collections

Altus Global Trade Solutions (Altus GTS) unveiled its new Alliance Program, offering small and medium sized collection agencies the opportunity to become a major player in the global accounts receivables management market. This new program is the first-of-its-kind and its early success reflects a desire for smaller companies to leverage Altus’ global network and comprehensive suite of accounts receivable and information services for increased profitability.