COLLECTION TIPS...

Warning Signs Of Potential Credit And Collection Problems

• Numerous inquiries from other suppliers or financial institutions about one of your accounts
  
  
• Customer asking for clarification or proof of services more frequently
  
  
• Financial downswings, natural disasters, or loss of major employer(s) in the customer's geographical area
  
  
• General slow downs or loss of business in the customer's industry
  
  

• Order levels shrinking
  
  
• Empty shelves in warehouse or retail floor
  
  
• Plant operating at less than capacity
  
  
• Your customer's major customer is in trouble
  
  
• Loss of key staff members
  
  
• Large layoffs or reductions in hours
  
  
• Restricted tours in areas of facility

• Checks with printed numbers under 300
  
  
• No preprinted name or address on the checks
  
  
• Starter checks with no printed information
  
  
• Address on check and ID don't match
  
  
• No picture ID