Re: Collection Agencies...
I have a question about something that was introduced to me about 3 weeks ago; it is called A/R Factoring. Now I'm not sure if it is the same as sending something to collections, but from what I understand, it is a company that buy's your accounts receivables and they handle the issues with collecting. It is a bit different than collection agencies because you sale them good and bad debt. It is like taking a low interst loan out on your A/R. Has anyone else ever heard of such? The name of the company I'm speaking of is Catalyst Financial Company.
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