A company's accounts receivables are usually it's second, if not its first, most important asset. It's a far cry from a just a debit figure on the balance sheet and reflects all the resources a company harnesses to manufacture, ship, and sell its products - all on a promise they will be paid at some point in the near future.
At Cedar Financial, we fully understand that when an account receivable is not paid, especially when it's significant, the impact can be devastating. Depending upon the time past due and the amount outstanding, not only may cash flow be severely hampered, but in some cases, a company's operation may come to a complete halt.
Therefore, in view of supporting every company's credit risk management system, Cedar Financial's commercial collection services comprise the following goals, standards, and procedures:
Contact us regarding your domestic or international commercial collection needs. We are confident that our services will surpass your standards and expectations.