Share This Post
Massachusetts Debt Collection for Women
Women own 37% of all the small businesses internationally. Of the 224 million women entrepreneurs contributing to the global economy, 98 million have been in business for three and a half years or more. They contribute 72 million jobs to the global economy. Women invest 90% of every dollar they spend in education, health, and nutrition compared to 30 to 40% of every dollar spent by men. Women own fewer businesses than men in all except 7 countries internationally. Lack of capital contributes to the deficit of entrepreneurial businesses owned by women. Entrepreneurial women created 9.72 million new jobs in the United States in 2018.
Women entrepreneurs innovate offering new products within the United States and in Europe. Women historically demonstrate low aspirations, but they don’t underperform. Women are interested in developing emerging economies in underdeveloped countries. They’re associated with low risk and fewer write-offs than small businesses owned by men. Women business owners are trusted and valued members of the community.
Massachusetts Debt Collection for Women
We realize that, while rapid growth is the hope of every small business, there will always be customers who will not pay. Small businesses are challenged to get paid promptly. You learn that every time you exchange products without cash money in your hand, you extend credit. You learn that debt collection processes are part of your customer service. You can’t run on your customers if they don’t pay. They’ll file consumer complaints.
Massachusetts Commercial Collection Lawyer
Our Boston, Massachusetts, debt collection attorneys with 50 years of experience can help you refine your business practices and collect money that is owed to you locally, nationally, and internationally. Our law firm accepts debt collection cases on a contingency basis. We receive nothing until you get paid. If our Massachusetts commercial collection lawyer can negotiate an equitable settlement which is beneficial to both you and your customer who does not want the dispute resolved in a Massachusetts small claims court, it’s your right and responsibility with our advice to offer an acceptable settlement for an outstanding debt.
Breached contracts don’t just detract from your cash flow. They can devastate a small business. Our Boston debt collection lawyers can collect your money so you can continue to follow your dreams. Our retainer agreement sets forth our contingency fees and your responsibility for court costs which may be incurred in the collections process. Court costs may be filing fees in small claims court or for a 341 Meeting of the Creditors if your customer files for bankruptcy. Even bankruptcy doesn’t mean we won’t collect on your debt.
Numerous entrepreneurial women nurtured by Bank of America’s Vital Voices and mentored by the Cherie Blaire foundation to help them achieve their full economic potential are facing capital punishment according to the Harvard Business Review. These women who are generating wealth and prosperity need to acquire land, and they need capital for growth. There is no better capital than the money you have already earned with interest as is stated in our commercial debt collection practices.
International Finance Corporation
The International Finance Corporation (IFC) in Tokyo, Japan, is offering $250 million for small business expansion to meet the needs of entrepreneurial businesses owned by women. The Global banking alliance for women is looking for $1 trillion dollars for small and medium enterprises with at least one founder who is a woman. Big businesses watch this trend. Coca-Cola has five million women entrepreneurs in its global supply chain. Fifty percent of Brazilian entrepreneurs are women. Improved access to education, health insurance, and childcare has brought women to a demand for land rights.
Women are driving future economic growth. Your accounts receivable are assets when you effectively convert your products and services into cash flow. If your business practices and policies are sound, you can get a line of credit or a short-term loan using your inventory and accounts receivable as collateral. You’ll find your business will grow faster with your products in inventory than doing business with customers who do not pay. Collecting money that’s owed to you increases your cash flow and the net worth of your business.
Boston Debt Collection Lawyers
Our Boston debt collection lawyers, members of the Massachusetts Bar Association since 1970, have been arbitrators with Financial Industry Regulatory Authority (FINRA) for more than 15 years. You put considerable effort into designing and delivering your products. Our Boston debt collection lawyers can help you with the additional effort required to collect your payments from slow paying customers. Our professional debt collection lawyer will collect on your debt without destroying your relationship with your customer whenever possible.
Aggressive Pursuit of Your Money
Our debt collection attorneys strive to be fair, firm, and aggressive. Our Boston commercial collection lawyers will let your customer know that a lawsuit will be filed if your customer refuses to pay his or her debt. Most customers will pay rather than defend a lawsuit. If a judgment is required to collect on your debt, our law office can seize your debtor’s assets or garnish his wages or bank account. Your debtor cannot escape our collection efforts. Our law firm even monitors consumers accounts to know if they are no longer in a bankruptcy proceeding, if they got a job after a period of unemployment, or if they begin to pay on their other financial obligations. Our law firm will know if your debtor sells a car, a boat, or a residential or business property.
Goldberg and Oriel
Call today to discuss the collection of payments with interest on your slow paying accounts on the phone or in our conveniently located Boston, Massachusetts, debt collection law office. Our debt collection attorney will answer all your questions regarding local, national, and international debt collection. Our law firm is not a collection agency. Your initial consultation and all our collection efforts are free until we recover your funds. Our Massachusetts commercial collection lawyer works on contingency fees and welcomes referrals from current and former clients.