Trade Credit / Commercial Collections

If your company is not a bank, why do you feel like your customers are treating it like one? Can you charge interest? Who pays for collection costs? What about consigned goods – how do you make sure that your customer’s bank doesn’t get them if your customer fails? We represent manufacturers and suppliers over a broad spectrum of industries with answers to these questions and more. We can help you prior to the sale by crafting contractual language that can insulate you from the cost of collections without offending customers and ensuring that you retain a perfected security interest in consigned goods. We can also help you when things don’t go as planned by assisting with commercial collections, priority disputes, and the dreaded preference claim. We are standing by to help you with the financial aspects of your sales transactions – call us!