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Keys to Improving Your Collections Process

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Kim Eberhardt
Kim Eberhardt

Does your company employ a sound strategy for collections? Could it use some tweaking? Are you panicked everyday waiting for receivables to appear? Follow these key strategies before, after and during your sales process to improve your collections.

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Key Steps to Improving Cash Collections Hennessey CAPITAL Growth Capital. Financial Wisdom. ®
Financial Spectrum Seed Capital Angel Investment early stage equity investment Venture Capital early/mid stage equity investment Asset-Based Finance early/mid stage debt facilities SBA Lending mid stage debt facilities Equipment Finance asset specific mid/later stage financing Conventional Bank Lending later stage debt facilities Start-Up Rapid Growth Maturity
Factoring ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Steps to Improve Cash Collections The Sale Before During After
Key Steps - Prior to the Sale ,[object Object],[object Object],[object Object],[object Object]
Collections in Action ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Key Steps - During the Sale
Talk to your Customer ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Key Steps - After the Sale ,[object Object],[object Object],[object Object],[object Object],[object Object]
Collections in Action ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Credit Resources ,[object Object],[object Object],[object Object],[object Object],[object Object]
Credit Resources ,[object Object],[object Object],[object Object],[object Object]
[object Object]
[object Object],Mike Semanco President & COO Hennessey Capital [email_address] 248.658.3201 Candace Pavliscak Senior Vice President Hennessey Capital [email_address] 248.658.3204 Learn more and contribute at: HennesseyCap.com/CapitalConversations.

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Keys to Improving Your Collections Process

  • 1. Key Steps to Improving Cash Collections Hennessey CAPITAL Growth Capital. Financial Wisdom. ®
  • 2. Financial Spectrum Seed Capital Angel Investment early stage equity investment Venture Capital early/mid stage equity investment Asset-Based Finance early/mid stage debt facilities SBA Lending mid stage debt facilities Equipment Finance asset specific mid/later stage financing Conventional Bank Lending later stage debt facilities Start-Up Rapid Growth Maturity
  • 3.
  • 4. Steps to Improve Cash Collections The Sale Before During After
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
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