Today is International Freelancers day.  If you read my blog you know that I  have taken a particular interest in educating and helping freelancers get paid from their clients.  Having handled many debt collection cases for freelancers I am aware of the best ways to ensure payment, and what to watch out for from clients.

Do you remember the $16,000,000 posted on the worlds longest invoice?

-I am the President and Principal Consultant for Cambridge Receivable Solutions.

-I have made over 360,000 calls and collected over $20,000,000 for everything from freelancers to the largest, most prestigious, lenders on the planet in my 15 years in the business.

-I am well versed in all aspects of State and Federal laws and compliance.


In honor of International Freelancers Day I will respond to 50 debt collection questions from freelancers for free, via e-mail, in the order received.  I won't get to them all today, but quickly!  Ask me anything.  It can be about a particular situation you are dealing with now, or any steps throughout the entire "getting paid" process. 

Send your question to  freelanceally@c-rsolutions.com

All you have to do is be one of the first 50 e-mails into the inbox, and I must receive the question before midnight (central time) tonight to qualify.  That's it, nothing to buy, no list to join, just REAL help. 

If you would like, connect with me on LINKEDIN, and follow us on TWITTER.

Thanks and happy freelancing!


Contact the Author:

Jason Lindsey
President & Principal Consultant
Cambridge Receivable Solutions, LLC
Direct: 636-238-3843
Toll Free: 1-888-908-3905 Ext.101
jlindsey@c-rsolutions.com

www.c-rsolutions.com 






If you liked this article, help me share it with others who could benefit from it.  Share it on Twitter, click the like on facebook icon below, or....
 
Join my personal network by connecting with me on Linkedin;
http://www.linkedin.com/pub/jason-lindsey/44/567/165/

Follow CRS on twitter:  https://twitter.com/getpaidfaster

Follow CRS on Linkedin:   http://www.linkedin.com/company/cambridge-receivable-solutions-llc


 
 

             This article relates to freelancers, small to medium size businesses, and professional service firms. 

Today I want to talk about the main myth with regards to debt collection agency contingency (no fee if no recovery) rates, along with what we are doing to ensure value to our clients.
 

    The myth:  "Collection agencies typically charge 30-50% fee on recoveries"
        

                                                 Who perpetuates this myth, and why?

-Collection Attorneys.  Collection attorneys help in spreading this myth in order to warm you up for their costly fee structure.  Legal action will take up more of your time and resources than the more logical third party collection intervention.  A solid pre-legal, collection attempt will, more often than not, increase your return.  If the effort is unsuccessful, you pay nothing, and legal action is always available as a last ditch effort.  In fact, having attempted an amicable pre-legal solution will strengthen your case if it must go there.  Tapping into decades of experience, we'll be the first to point you in that direction if that's what it will take. 

-The uninformed.  This is to include authors and bloggers who are simply regurgitating dated untruths they got from other unreliable sources, in the name of content, which has watered down the little known reality of debt collections.  The spreading of this misinformation is hurting your bottom line.  The crucial and necessary profit maximization, through specialized A/R management and collections, is a highly misunderstood and underutilized business function for businesses of all sizes and industries.

                                                        The Truth

To say this myth is an incorrect, dated, and an overly broad assumption, would be an understatement.  The fact is your cost will largely be a direct reflection of how you have handled the invoices to date.  If your waiting until your invoices are over a year old, then you may be in the neighborhood of 30%, for good reason.  Already have judgements? Then they will be in the 40% range.  Again, for good reason.  80% of judgements go unpaid and can require extensive expenses to attempt to recover.  The majority of placements that need a collection intervention won't fall in those high fee categories.  A proper collection strategy through a firm like ours will never leave you with less than you would have without us. 

The main factors at play with our rates are in your hands.  Most   agencies base their rates on the amount of time and resources they will   require to be cost effective for BOTH parties, obviously.  The amount  of  time it will take us to turn your coal into diamonds is what decides   your rates. Average age, average  balance, and volume of accounts are  the key factors that will decide  your fee structure.  Help us help you by getting us involved early and  often.

                                                                              Facts
-Having a specialist involved to ensure your cash flow management is structured appropriately throughout the entire cycle is a crucial first step. 

-Knowing when, and why, to allow professional help to proactively address problem invoices as they pop up, will always ensure you have more than you would without their assistance.


-DRUM ROLL~~~~~ Rates for top notch collection assistance are primarily BELOW 30%, in many cases as low as 10%.  If your agency can't show you why their rates make sense to your bottom line, call us, we can!  If we can't, then we'll make some suggestions and point you in the right direction.  If our relationship won't MAKE you money, we don't want to waste either of our time.  Taking on clients for whom we won't be an asset would be completely counter productive for us.


                       How do we specifically ensure value for our clients? 

-We are a highly experienced and specialized partner for the industries we serve.

-Our unique set up was built and customized to ensure you more time and money to invest in the business you're in. 

-A full service, consultative approach, ensures that you capitalize on our knowledge and experience at every stage of the process.

-Our more cost effective rate structure, and low overhead, ensures our clients top quality service and results. 

-While there are some bad collection agencies out there,  Cambridge Receivable Solutions is the answer to changing economic times.  We are providing innovation to the typical archaic recovery model.

   
                                                       Click   >HERE<   for more information
             
Get to know us better by having a quick look at our home, about, and services pages.  Please contact us with questions or for a free, confidential consultation on how we can help you.....at rates that you can be excited about.


Contact the Author:

Jason Lindsey
President & Principal Consultant
Cambridge Receivable Solutions, LLC
Direct: 636-238-3843
Toll Free: 1-888-908-3905 Ext.101
jlindsey@c-rsolutions.com

www.c-rsolutions.com 




If you liked this article, help me share it with others who could benefit from it.  Share it on Twitter, click the like on facebook icon below, or....

 
Join my personal network by connecting with me on Linkedin;
http://www.linkedin.com/pub/jason-lindsey/44/567/165/

Follow CRS on twitter:  https://twitter.com/getpaidfaster

Follow CRS on Linkedin:   http://www.linkedin.com/company/cambridge-receivable-solutions-llc




 
 
Collections
Time is money...why wait?
Maximizing your profits, and access to earned income, should be a top priority all year. Don't forget the obvious; getting paid is how you stay in business. Time is money, and we are here to get you more of both. 

Top reasons to address your past due accounts now, as opposed to year end:
(In no particular order)

1.) Waiting until the fourth quarter, or (cringe) December, sends a message that you don't expect timely payment. 

2.)  Your clients financial standing may deteriorate over time. 

3.)  You have less leverage over the clients the longer you wait, especially if services are completed.

4.)  Clients will forget how well you worked for them, or how important the product or service you provided was. 

5.)  You don't want to have to "make deals" to get the money in before year end.  By doing so they may expect lower rates next time.

6.)  Other creditors likely started earlier and are already in line for payment, get the jump on all available funds as soon as possible.  Don't get moved to the back of the line!

7.)  Statistics show that troublesome invoices become less collectable with every passing month.  See the Collectibility chart below, keep in mind it will vary by industry, economic conditions, etc. but it gives you an idea (visually) how time IS money.

8.)  You should be thanking your clients at year end, not pushing for payment and making compromises.

I could go on for days, but you get the point. Contact us today to capitolize on top-tier assistance and experience, at below average rates.  Our small firm, consultative approach, affords you terrific client service and results.  Let us know if you have any questions in regards to your active receivables, or more severely past due collection accounts.  We look forward to speaking to you about your needs, call anytime or use our quick consultation form for your convenience. 

Thanks for your time!

Contact the Author:

Jason Lindsey
President & Principal Consultant
Cambridge Receivable Solutions, LLC
Direct: 636-238-3843
Toll Free: 1-888-908-3905 Ext.101
jlindsey@c-rsolutions.com

www.c-rsolutions.com 



If you liked this article, help me share it with others who could benefit from it.  Share it on Twitter, click the like on facebook icon below, or....
 
Join my personal network by connecting with me on Linkedin;
http://www.linkedin.com/pub/jason-lindsey/44/567/165/

Follow CRS on twitter:  https://twitter.com/getpaidfaster

Follow CRS on Linkedin: http://www.linkedin.com/company/cambridge-receivable-solutions-llc

 
 
So many people are writing articles on how to get paid, or get paid faster, these days.  Some of them are decent, and they are giving you the very bare basics that everyone should already be doing.  They don't really go deep into detail about why and how to do it, what happens if you don't do the things they discuss, or most importantly what to do when you have taken all the right steps and STILL have non-payers.  I've published the statistics over and over.  Many of the articles I am talking about are nothing more than traffic generators to get business people to their site for "other" products.  You aren't getting detailed advice from an experienced professional.

It's time for straight talk from a specialist in every aspect of these difficult situations. Someone who has actually been in the trenches indetifying and solving real problems, the right way, for almost 2 decades. I've recovered tens of millions of dollars in payoffs for some of the largest lenders on the planet, as well as some of the top Corporations in the fields we specialize in, with no ill effects for my clients.  I also still take the time to educate and assist the little guys, freelancers and small business.  When a feel good article that doesn't get you anywhere just isn't enough anymore, my company is who you turn to.  So for those of you who still have receivable skeletons in your closet, this article is for you. 

Keep in mind that different size/type companies, and different industries, needs will slightly differ.  That's what we're here for, if we can't help we'll point you in the right direction. 

Note: Larger companies, and high ticket items/services will obviously start with a credit and/or reference check. 

Step 1 - Have a solid Terms of Service contract

a.) Edit it specifically for each job if it is outside of what the basic terms cover.  You don't need to be a lawyer, you know what you expect.  Make sure your client understands too.  Discuss exactly what they expect, and what you plan to deliver.  Discuss any potential "what if's" ahead of time. Anything else that goes outside of the norm needs to be addressed in an e-mail or an addendum to the contract, as it pops up, to avoid confusion or misunderstandings (two things that are a non-payers best friend).

b.)  Set your payment terms in the contract. Explain your cost/fee structure, and when it's due.  In the same article explain in plain English that you'll be due the maximum interest rate allowed by law plus collection costs, and legal fees pertaining to any necessary steps that need to be taken to obtain payment.  Don't be afraid that they will see it, in fact point it out!  If they run, you just avoided working for free.  If you want to do more than "play business" you need to attract, service, and be paid by REAL clients with REAL money, and good intentions. 

You may even consider setting your terms with a reasonable margin for error, so that if they make minor mistakes they can fix it in a timely manner without massive penalization.  That way you also know that when a red flag does pop up, it's time to address it seriously.  In other words if you start getting on everyone's case at "one minute" past due, you may seem unreasonable or unattractive to do business with.  However, keep in mind that when you give an inch, they may take a mile.  So find a good middle ground for your industry based on experience and business needs.

c.) Get it signed and dated.  This validates the above and along with you delivering on your promises, documenting all activity, and proper follow up, covers you when non payment issues come up.  You have laid the foundation for maximizing your cash flow and profit. Congratulations!



Step 2- Deliver and Document! 

a.)
Do your part, deliver what YOU promised.  

b.) Keep the communications open, and make them happy.  This is your part of earning timely payment.  Document that you delivered according to terms in any way possible. 



Step 3- Timely and proper invoicing.

a.)  Know ahead of time where you need to send the invoice, and what the monthly cut off date is for payment.  Get the invoice in the right hands, at the right time.

b.)  Your billings should be concise, accurate, and provide the necessary information to enable the client to pay you properly, on time.


Step 4- Follow up 

These can be flexible to your comfort level based on experience, and industry timeframes.

a.) Have a procedure in place to identify and flag anything that goes beyond your net terms.  Have someone qualified follow up immediately.  Point out that it's past due, ask what you can do to expedite payment, & explain how non payment will affect future work planned, act accordingly.  This is your chance to nip further possible problems in the bud. 

b.)  Be persistent.  Casually remind them of the terms, and stick to your guns.  How they react, and what they promise will determine your next step. Feel free to work with them if you are comfortable, but keep in mind that all of this takes valuable time away from you doing business.  Also, document, document, document.  Every conversation should be documented as to what was discussed, every e-mail saved, and copies of statements (date sent) kept on file.

*This is where many companies allow invoices to derail because they don't know what to do, and aren't equipped to handle the issues effectively.  Call us asap!  If you just let them go cold here they are a rapidly depreciating asset.  Don't wonder about it, worry about it, or be too optimistic.  Give it to the pro's and move on.  If you have time and energy to stay with it, keep reading.


Step 5-  ACTION

a.)  Payments still aren't coming in, promises have been broken.  You need to figure out what your staff is capable of handling effectively as far as collections chops and available time.  Every organization is different, but you need professionals or funds will still be stalling out and become a loss for your company.  We can show you why it's cost effective to outsource to a specialist like us at any stage of the game.  We know, however, that if the front lines do their job effectively; it helps us help you.  Rather than wait until year end and turn over a portfolio of ice cold accounts with little chance for recovery, work with us to establish a cost effective action plan to always be strengthening your numbers, and maximizing your time and cash flow cost effectively.

Most companies are operating like this.....

Provide product/service - Invoice/Letter process - Weak/Lack of follow up - Invoice goes cold =
LOSS

It goes that way because there is lack of knowledge about collection outsourcing & it's effectiveness, or an unwillingness to address these losses for unfounded reasons.Thanks to companies like ours you now have a professional and ethical go to partner to help maximize your access to earned income and profits.  Most of the time there won't be any litigation on non-payers (depending on size and industry), and either way a professional collection strategy is a necessary step prior to legal action.

Once you partner with us and allow us to share our expertise, our resources and experience quickly go to work to get back your hard earned profits. 
Now the flow goes more like this........

Discuss arrangemnt/payment - Obtain signed Terms of Service strengthening your position should non-payment occur - Provide product/service - Invoice/Letter process - Strong, persistent, and effective follow up to resolve any minor issues =
RECEIVE PAYMENT AND RETAIN CUSTOMER 

-OR-

Payment continues past due beyond 90 days - Turn over to CRS for collection process - You save time and headache - We go to work for you to maximize your cash flow and recovery percentage before it's too late = MAXIMIZED RECOVERY AND MINIMIZED LOSSES

It never ceases to amaze me how companies are unaware of how much money they are leaving on the table. There aren't many highly experienced professionals with a debt collection and A/R background who are out there writing and educating financial decision makers the way I do.  I have found that by doing so we not only attract great new clients, who we are able to help, but we make our job easier by ensuring that organizations do the right things ahead of time to help us be even more effective when the need arises.  It's truly a win win.

Companies of all sizes are sleepwalking through their collection procedures & don't realize it.  Regardless of whether you are a small business who depends on every dollar (as soon as possible), or if you are a large corporation whose profits are through the roof regardless; there is never room to allow unnecessary losses.  What would you do with the money we pump back into your books?  Whose salary could you pay?  You would have so much more valuable time and money to put back into your business that the benefits of our services REALLY compound over time.

We offer a confidential and concise consultation to determine if, and how, we can help you prior to engagement. The majority of our services are done on a NO RECOVERY = NO FEE basis.  You literally have nothing to lose and both time and money to gain!  We are not your typical collection agency, we are a highly specialized, top-tier firm, who you can trust as part of your organization.

Thank you for your time and best of luck!


Contact the Author:

Jason Lindsey
President & Principal Consultant
Cambridge Receivable Solutions, LLC
Direct: 636-238-3843
Toll Free: 1-888-908-3905 Ext.101
jlindsey@c-rsolutions.com

www.c-rsolutions.com 


If you liked this article, help me share it with others who could benefit from it.  Share it on Twitter, click the like on facebook icon below, or....
 
Join my personal network by connecting with me on Linkedin;
http://www.linkedin.com/pub/jason-lindsey/44/567/165/

Follow CRS on twitter:  https://twitter.com/getpaidfaster

Follow CRS on Linkedin:   http://www.linkedin.com/company/cambridge-receivable-solutions-llc

 
 
Cambridge Receivable Solutions Pre-Collect Letter Service

Cambridge Receivable Solutions knows how to help organizations increase cash flow by leaps and bounds in a wide variety of industries.  Today I want to talk about our Pre-Collection letter service which is available for purchase HERE.

I designed the pre-collect letter based on seeing the need for such a function within our diverse client base.   Rather than stick to a particular menu of services, we are always looking to identify common business cash flow problems and create cost effective solutions to fix them. 

Our pre-collect letter is just another tool in a wide array of cash flow maximization solutions that we offer.  On accounts that have become past due approaching 90 days, you obviously begin to wonder if you will ever get paid.  This is a point where you may have heard every possible excuse for non payment, and had several broken promises to pay.  Even if you have had no contact since invoicing, this is when you should take some proactive steps.  Be honest with yourself, did you want to wait 90+ days to get paid?  Do you want non payment to your business to be someone elses cash advance?

What you need to know is IF this account needs to go to collections.  Normally you can't do that without actually "placing it for collections" and paying a percentage of the recovery to an agency. This means you don't get the third party involvement effect without paying contingency on all collections.  While that's a no-brainer for "most accounts" over 90-120 days there are some exceptions; such as smaller balances, single accounts, or if it's a rare occasion that you get a past due invoice at all.

Here is how our pre-collect letter works. It's fast, it's simple, and it's cost effective.


1.) You have an account (or accounts) that are approximately 60-90 + days past due. You aren't sure that you want to place it in collections, but you also don't want to wait too long.  Your in house efforts are not getting results.

                         ***This is when you need a CRS pre-collect letter***

2.)  We have a quick conversation with you to gather the necessary information about the past due invoice/s in question. 

3.)  We mail them a letter on our letterhead explaining that the account has reached X days past due.  As a courtesy we are giving them X (you decide)  days to pay the balance, OR we (CRS) will be activating it for collections.   We instruct them to pay by your desired method, or payment address. 



The one time cost of this letter is $50.00    Purchase and submit HERE
 

If the "third party involvement effect" works you will receive your money by the deadline. This will surely get the attention of anyone with the means and intentions of paying you for your goods and services. Our letters cost 65% or more less than an attorney would charge to write a letter, we take less of your time, it's far less intrusive, and it's more effective because we specialize in getting these accounts paid. We can also be there to further assist you if it doesn't pay since you won't be going to court on these size invoices.

If the payment does not come in in time, you choose what to do with it from there. Smart money would tell you that they ignored you, they ignored the courtesy of a pre-collect notice, and you are now on "their time". At this time we would recommend that you activate the account for our collection service. This is done on a no fee if no recovery basis. We then attempt to expedite your getting paid. Once we have earned $100 or more in fee, we will credit you back the cost of the pre-collect letter.

If you have listened carefully to our previous blogs, you will also have a signed "Terms of Service" allowing the addition of interest, collection costs and legal fees which we will calculate and pursue.

This letter is offered on balances of $3,000.00 and under.  If your balance is higher please contact us immediately to discuss the proper steps to recover larger amounts.  Now dust off those old invoices and let's turn them back into cash!!! 

Purchase and submit your letter/s HERE today. 


Call our Client Services Department:  636-487-0986


-OR-

Toll Free 1-888-908-3905          Ext. 102



Thanks for your time!





Jason Lindsey
President & Principal Consultant
Cambridge Receivable Solutions, LLC
Direct: 636-238-3843
Toll Free: 1-888-908-3905 Ext.101
jlindsey@c-rsolutions.com

www.c-rsolutions.com

 
 
In an industry full of misconceptions, we strive to give quality organizations the option to ensure maximum recovery for products and services.  As a highly specialized, professional recovery firm, we offer a myriad of benefits to top notch organizations in the industries in which we cater to.

In short, it's our high level of integrity, experience, as well as our thorough and analytical nature, that makes us stand out to professional organizations. We eliminate the typical risks and hassles of dealing with receivables and collections. Our financial mediation approach versus the "typical collection nature" is what make us an effective, top producing, financial secret weapon for our select client base.

Aside from the obvious need to maximize access to earned income, and boosting cash flow and profit; allow me to offer some specifics on...

 
                     

                            Why Cambridge Receivable Solutions?


1.)  Specialization, Customization, and Seamless Integration- Some "collection agencies" may accept any kind of business and have a less specialized approach to any certain industry.  We are as involved and knowledgeable about the industries we cater to as someone IN your industry.  We strive to understand all aspects of your industries trends, and be able to coordinate with your employees as if we are a member of your company.  Our consultative approach allows us to bridge otherwise undetected gaps in your cash flow management procedures and really customize a solid benefit for you.  We also only accept as much work as we can manage effectively, and staff for placements ahead of time!  Our extensive experience and analysis of each clients needs allows us to ensure you are treated as a number one priority.


2.)  Quality approach, a professional online presence, and a great reputation- Many of the large national agencies employ a large sales staff to bring in as much business (of any kind) as they can, and then assign inexperienced employees to these placements.  They set unattainable goals for them which ends up causing your accounts to be handled by burnt out, desperate collectors posing a risk to your reputation.  We stay away from lower tier collection portfolios, where online complaints are rampant.  Does a high profile organization want their sensative large balance accounts handled by someone who handles payday loans, or other small ticket, high risk paper?  We think not. If we aren't set up or equipped to be a home run for you, we'll point you in another direction.  We know what we can do effectively, we keep a firm grasp on it, and we nurture it.


3.)  A time saving, experienced partner- Aside from being a cash producing ally for organizations, we go beyond the call of duty.  Time is money.  We provide you with not only more money than you had before, but in doing so we are set up to save you time in the process as well.  It really compounds and equals a huge financial benefit for our clients.


Rather than have a low wage, high turnover employee handling your business while a client services rep tells you "they have their best people on it",  you actually have access to your own professional with a minimum of 15 years of top notch experience, with whom you work hand in hand; as much or as little as YOU would like.  Not only do we each have a vested interest in producing great results, and building long term relationships in our specialized industries, but we also offer a personal and transparent relationship as if we were a long term member of your staff. 


In closing, when the collection industry status quo isn't good enough for your companies needs, contact us for a confidential consultation, and cost benefit analysis of how we can add value to your bottom line.  These lean times require, at minimum, that you maximize your access to earned income on products and services you have delivered.

Thank you for your time, and please contact me directly (below), or use the CONTACT page with questions or to request more information.  We offer each prospective client a confidential consultation to determine how we can help prior to engagment.

Sincerely,


Jason Lindsey
President & Principal Consultant
Cambridge Receivable Solutions, LLC
Ph 636-238-3843
Toll Free 888-908-3905  Ext. 101

jlindsey@c-rsolutions.com

www.c-rsolutions.com
 
 
Like any organization offering products or services without full payment up front, architectural/engineering firms often face the daunting task of dealing with past due invoices.  Many times these situations are overlooked for too long before being addressed and end up costing tens of thousands, to millions of dollars in unnecessary losses per year. 

Proper discussion of all the possibilities and specifics on a project, sound contracts, and contract negotiations are among the important things to address up front.  Depending on the size and type of client you obviously want to perform the proper credit analysis and/or reference checks prior to engagment as well.  This is extremely important when dealing with residential clients and developers, rushing in can be a crucial mistake.  Contracts should speak to all possibilites under the scope of work, and the lines of communication should remain open throughout the project to avoid any unforeseen discrepancies.  This pertains to the work itself as well as the payment for services.  All billings and correspondence should be done in a timely manner, and kept on file. 

Regardless of your diligence in the areas discussed above, statistics show that you will still have past due invoices.  While solid up front procedures minimizes your losses, it unfortunately doesn't make you immune to troublesome accounts.  When these arise it's imperative that you have a solid process to quickly address and recover stalled funds.  You're ready to move on to the next project, and your in house staff has exhausted their efforts. With every passing day your chances and rate of recovery dwindles.  You need a collection partner, it's time to turn it over to a specialist.  This time consuming process must be handled pro-actively, with care.  Regardless of the size of your firm, not being paid for services is unacceptable.  However, being in the professional services industry requires that you approach these issues with tact and professionalism. 

Cambridge Receivable Solutions fills that need.  We bridge the gap between you and your clients to help maximize your recovery rates, while preserving your reputation for professionalism.  We're fine tuned to assist top Architectural/Engineering and Design firms.  We stay up to date on industry standards, trends, and participate in your industry groups and communities to ensure a seamless integration of our services.  

By partnering with us you can rest easy while recovering what's owed.  All of our communications and correspondence with your past due clients are top notch.  We operate using a forensic, fact based approach, to bring them to the table and recover as much as possible, as soon as possible.   As the President and Principal Consultant here at CRS, I developed this top tier service with your specific needs in mind.  Having dealt with many large and complicated non-payment issues and disputes for large firms, we are prepared to assist your company in recovering what you've earned, but not yet received.

This is an essential financial managment function that many firms haven't taken advantage of yet.  Please contact me with any questions, or for a confidential consultation regarding your specific needs. 

Thank you for your time, and best wishes!

Sincerely,

Jason Lindsey
President and Principal Consultant
Cambridge Receivable Solutions, LLC
Direct Ph: 636-238-3843
Toll Free:  1-888-908-3905 Ext.101
Email: jlindsey@c-rsolutions.com
www.c-rsolutions.com


Keywords:  Architects, architectural, design, building, infrastructure, green, civil engineering, structural engineering, collections, accounts receivable managment, cash flow consulting, American Institute of Architects, International, Commercial debt collection.
 
 
We offer several services specifically designed for Freelancers.  We are often contacted by designers, writers, editors, programmers, web designers, SEO, marketing, advertising, and public relations reps; just to name a few.  I've noticed a pattern among them, having several areas that could easily be tweaked to improve their processes.  They are often taken advantage of by larger companies or customers with ill intentions (see http://www.worldslongestinvoice.com for proof).  Non payment for products and services bothers me, so I stepped up to help.

We feel that this sector is one that needs us the most, and Ienjoy sharing my knowledge and experience to really make a difference in strengthening your income position.  If you fall into the category of Freelancer or Micro Business, you likely depend on every dollar more than any of our larger clients.  It's up to you to take the necessary steps to learn, and continually implement the proper procedures to maximize your profits.  At Cambridge Receivable Solutions we take the time to get you on the right track, even beyond just performing collection functions on your behalf.

PRINTABLE PDF OF SERVICES FOR FREELANCERS

Payment for these services can be made at the bottom of the CONTACT page, while our collection services are contingency based, meaning we don't get paid unless we collect.

Click on the "Freelance" category of my blog for some free information tailored to your needs.  Feel free to call or e-mail us anytime to discuss your specific needs, and any questions you have about your situation and our services.  I handle all freelance matters myself.  You'll deal with me one on one, as your personal collection concierge.  Don't hesitate to call me with any questions, I'll gladly chat with you to determine if you need us, and how we might be able to help put some cash back in your pocket.


Follow us:
Twitter @getpaidfaster
Linkedin Company Profile http://www.linkedin.com/company/cambridge-receivable-solutions-llc
My Linkedin (Freelancers, let's connect!) http://www.linkedin.com/pub/jason-lindsey/44/567/165
Website www.c-rsolutions.com  

Happy Freelancing!!! 

Author: 
Jason Lindsey 
President & Principal Consultant
Cambridge Receivable Solutions
Direct: 636-238-3843
Toll Free: 888-908-3905 Ext 101
Email: jlindsey@c-rsolutions.com



 
 
When it comes to Career Colleges, there is a unique need for tight financial procedures. CRS has proactive recovery solutions to help maximize your cash flow with regards 90/10 compliance, books, tuition, and room and board.  These services are highly effective for active, graduate, and dropped students.  We act as a financial management company on behalf of these institutions.  Rather than an invasive "collections" approach we encourage contact with students through persistent, yet courteous, correspondence.  Through these strategic campaigns we are able to maximize your access to earned income and provide out of this world return on investment.  We do so while educating students and promoting responsible financial behavior.

We have found that by helping educate the students on what, why, and when they owe, we are able to increase the flow of payments amicably.  Your institution benefits from our extensive experience in implementing strong and financially beneficial processes.  We also save your staff a tremendous amount of time by allowing you to furnish our phone number on your outgoing correspondence such as billing and past due notices.  We direct all payments to your desired location, and can assist them with payments by phone. 

Having been a part of maximizing cash flow for several large organizations, we offer you a myriad of possibilities when it comes to boosting your profits through efficient cash management and collection procedures.  Our fee structure ensures that this is a "smart money", cost effective, solution for your school.  By having an outside specialist who is not only well versed in financial aid procedures at for profit schools, but is also highly experienced in getting payments throught the door, you see an immediate increase in cash flow without any negative side effects.  We take considerable stress off of your staff's shoulders, and are able to offer valuable insight to management regarding potential fixes to procedures along the way.

If you are a financial decision maker at a for profit Career College, contact us today for more information and a free consultation on exactly how we can help you.  As with every potential new client, we will look over every aspect of our potential relationship, run through a quick phone consultation, and offer you a cost benefit analysis as to why we are a smart choice, before we proceed. 

At a time when for profit learning institutions are under heavy fire, it's nice to have a specialist on your team who can not only ensure compliance, but also maximize your cash flow and profits.  Most importantly we do so while maintaining an ethical and professional reputation, and helping you retain students.  You retain full control, and posess the ability to customize our solutions to fit your specific needs. You've had the meetings about increasing your numbers, here's your chance.  Contact me using the information below, or through our website contact page, for informational slides or with any specific questions you have. 

See further explanation of these services by clicking the link below;

http://www.c-rsolutions.com/1/post/2007/08/gap-loan-receivables-management-and-9010-compliance-career-colleges.html

Sincerely,

Jason Lindsey
President
Cambridge Receivable Solutions, LLC
PH 636-238-3843
Toll Free 888-908-3905 Extension 101
jlindsey@c-rsolutions.com


www.c-rsolutions.com










 
 
If you are an organization such as an Architectural or Engineering firm, Accountant/CPA, Law Firm, etc., we want to let you know that you have a professional option when it comes to collecting past due invoices.  We are a small, specialized firm, with extensive experience helping resolve these sensitive matters proactively for organizations like yours. 

Our highly skilled consultants orchestrate a forensic, fact based, collection method that allows you to take advantage of our top level resources and experience.  We perform all the due diligence in regards to researching the subject and their assets/financial position, your industry trends, and then implement a customized collection process. 

We begin by gathering and reviewing all the pertinent information and correspondence of each case placed with us. Utilizing a professional letter series along with phone calls and e-mails, we make contact to assure that we get to the route of the problem, and get you as much as possible as soon as possible.

Our consultative approach allows you to take advantage of our experience in recovering bad debt, maximizing profits, and speeding up access to earned income.  We will work with you to ensure a cash windfall from your current bad debt portfolio, and also strengthen your future invoices to ensure less troubled accounts going forward. 

Keeping your reputation and relationships in tact is what sets us apart from the typical collection agencies.  Our diplomatic approach is more effective and takes care not to alienate your clients in the process.  We not only make handling your bad debt easier, but also more effective.  Saving your staff time and headache, while ensuring the highest recovery rate possible, is what we specialize in.

These services are done on a contingency basis.  If we accept your claims there is no fee unless a recovery is made.  It's that simple.  Don't wait until year end to address these losses.  The involvement of a professional third party will make all the difference.  We look forward to getting to know your company and helping to ensure you have the best year possible. Contact us today to discuss your organizations recovery needs, and any questions you may have.  Thank you for your time.


J. Lindsey
President and Principal Consultant
Cambridge Receivable Solutions, LLC
jlindsey@c-rsolutions.com