Overdue Advice: Cash Flow & Debt Collection Strategies to Grow Your Business

In normal times it was often difficult for your customers to access credit if they were already in debt. In pandemic times, it feels like a lost cause. But it's not. Jayde Samarzija of JMS Mortgages is busier than ever, and focused on helping your customers in critical debt create a hopeful financial future.

Show Notes

Individuals, businesses, industries, and governments have struggled to cope with the pandemic.  Understanding what’s happening, why, what the risks and dangers are, and what to do about it affects everyone. It’s glib to say, “things are mess,” or “they’re going to be different.” Of course they’re a mess and they’re going to be different, but how? Our guest this episode is going to try to help us wade through debt and credit in the COVID era.

If your income in curtailed, even a little, it can be real real trouble, especially if you can’t get a loan from a bank. Rare collection agencies like MetCredit are sensitive to the human equation. MetCredit connects debtors with 3rd party lenders who work to secure lending so the debt can be managed affordably for a year, with the goal of stabilizing a bad situation to become eligible for cheaper lending at banks and primary lender. That was before the pandemic. Are things the same, better, or worse?

Today we’re talking with Jayde Samarzija about access to capital, and how his company JMS Mortgages, is dealing with the pandemic, and what trends he’s seeing looking into the future.

What is Overdue Advice: Cash Flow & Debt Collection Strategies to Grow Your Business?

Overdue Advice is the podcast about cash flow strategies to grow your business. Each episode covers an aspect of credit management and accounts receivable. "Legal Collections (and How to Avoid Going to Court)," "Debt Doesn't Die: Estate Collections," and "How Professional Collectors Recover More," are just a few areas covered with rare industry insights. There's no show like it!

Host Bryn Griffiths talks with guests including published authors, veteran collectors, accounts receivable trainers—and Brian Summerfelt, the CEO of MetCredit, North America's leader in ethical business debt collection, to examine all sides of debt recovery. Most importantly, you'll learn how to improve your business' cash flow—and put an end to bad debt forever.