Latest News & Articles
Commercial Collection Tools That Improve Your Company’s Cash Flow
How can businesses recover on overdue accounts if the debtor’s contact information is unreliable?
Little-Known Facts About 7 U.S. Presidents
Presidents’ Day is just around the corner, and what better way to celebrate than by exploring some unusual facts about our most popular chief executives?
Late Payments Are on the Rise — Don’t Get Caught Short!
Did you know at least 40% of companies worldwide have late-payment issues? Several factors contribute to the chronic issue of late payments.
Best Wishes for a Successful 2024 New Year
In this new year, we wish you lots of success. Happy New Year!
Best Wishes for a Wonderful Holiday
From All of Us, Our Warmest Holiday Wishes
5 Tips to Keep Your Accounts Receivable in Check
Managing accounts receivable is crucial for the financial health of any business. Delayed or unpaid invoices can disrupt cash flow, hinder business operations, and strain client relationships...
Building Trust Through the Credit Application
While establishing trade credit is the lifeblood of many small businesses, extending credit to new customers requires a leap of faith.
How Much Do You Know About Halloween?
Think you know everything about October’s most popular holiday?
Commercial Payment Methods: A Shifting Landscape
It is inevitable that patterns in payment methods between businesses will mirror consumer trends by increasingly moving in a digital direction.
Not a Credit Group Member? You’re Missing Out!
Should you extend credit to a prospective customer?
Essential Tips to Stay on Top of Your Accounts Receivable
You’ve made the sale. You’ve sent the invoice. Now what?
Determining a Prospective Customer’s Creditworthiness
What’s the most effective way to determine a prospective customer's creditworthiness?
Signs Your Customer Is Stalling
Remember telling your teacher, "My dog ate my homework," when you didn't complete your assignment on time? Yeah, we've all tried it at one point or another. Most of us eventually learned that excuses run out.
How Commercial Creditors Can Weather the Bankruptcy Storm
The expression “like money in the bank” is losing its resonance daily as financial institutions that were once considered reliable are collapsing.
Commercial Collections in Mexico
Collecting a commercial debt can be difficult and complex within the United States. What happens when the landscape shifts to Mexico?
BARR Credit Services Acquires United Commercial Collections (UCC)
BARR Credit Services Acquires United Commercial Collections BARR Credit Services Inc. recently acquired Buffalo-based United Commercial Collections (UCC). BARR Credit is headquartered in Tucson, Arizona, and operates a second location in Kansas City, Missouri. In [...]
Economic Outlook: What Should We Expect in 2023?
Economic Outlook: What Should We Expect in 2023? Recession Forecasts, Housing Crisis, Supply Chain Pressure … Oh My! To say that 2022 has been a tumultuous year in the American and global economies would be, [...]
BARR Credit Services Helps Send Marching Band to Orlando
BARR Credit Services is helping a dedicated and talented Alabama marching band to achieve their dreams.
Happy Holidays from BARR Credit Services!
From everyone at BARR Credit Services, we send our warmest holiday wishes.
Webinar: Now What? The Economy in 2022 and Beyond
Webinar Recording : Now What? The Economy in 2022 and Beyond with Dr. Chris Kuehl. If you follow the financial press, the conventional wisdom has come to the simple conclusion that raising interest rates is the way to fight inflation. Unfortunately, this is not true. Raising rates may slow the economy, but that alone won't fix the inflation. Click Here for the Webinar Recording and Transcript.
BARR Credit Services, Inc. Announces the Acquisition of Commercial Claims, Inc.
November 1, 2022 Tucson, Arizona - BARR Credit Services, Inc.(BARR) is pleased to announce the acquisition of Commercial Claims, Inc. (CCI) of Kansas City, KS. With roots dating back to 1933, BARR is a name built [...]
How Much Bad Debt Is “Good” Bad Debt?
It’s called “bad” debt for a reason, and it’s naturally difficult to find a positive spin when the outcome is not receiving payment from your customer.
Treating your Credit Department as a Selling Function
Treating your Credit Department as a Selling Function As personal and business budgets shrink and fears of a recession rise along with inflation and gas prices, it is not uncommon for today’s sales [...]
Assessing Credit Risk Before Extending Credit
Assessing Credit Risk Before Extending Credit Extending credit can be a formidable process, especially when extending credit to a new customer or business. "Getting Burned" is something that most seasoned credit managers have [...]
