Cambridge Receivable Solutions Pre-Collect Letter Service

Cambridge Receivable Solutions knows how to help organizations increase cash flow by leaps and bounds in a wide variety of industries.  Today I want to talk about our Pre-Collection letter service which is available for purchase HERE.

I designed the pre-collect letter based on seeing the need for such a function within our diverse client base.   Rather than stick to a particular menu of services, we are always looking to identify common business cash flow problems and create cost effective solutions to fix them. 

Our pre-collect letter is just another tool in a wide array of cash flow maximization solutions that we offer.  On accounts that have become past due approaching 90 days, you obviously begin to wonder if you will ever get paid.  This is a point where you may have heard every possible excuse for non payment, and had several broken promises to pay.  Even if you have had no contact since invoicing, this is when you should take some proactive steps.  Be honest with yourself, did you want to wait 90+ days to get paid?  Do you want non payment to your business to be someone elses cash advance?

What you need to know is IF this account needs to go to collections.  Normally you can't do that without actually "placing it for collections" and paying a percentage of the recovery to an agency. This means you don't get the third party involvement effect without paying contingency on all collections.  While that's a no-brainer for "most accounts" over 90-120 days there are some exceptions; such as smaller balances, single accounts, or if it's a rare occasion that you get a past due invoice at all.

Here is how our pre-collect letter works. It's fast, it's simple, and it's cost effective.

1.) You have an account (or accounts) that are approximately 60-90 + days past due. You aren't sure that you want to place it in collections, but you also don't want to wait too long.  Your in house efforts are not getting results.

                         ***This is when you need a CRS pre-collect letter***

2.)  We have a quick conversation with you to gather the necessary information about the past due invoice/s in question. 

3.)  We mail them a letter on our letterhead explaining that the account has reached X days past due.  As a courtesy we are giving them X (you decide)  days to pay the balance, OR we (CRS) will be activating it for collections.   We instruct them to pay by your desired method, or payment address. 

The one time cost of this letter is $50.00    Purchase and submit HERE

If the "third party involvement effect" works you will receive your money by the deadline. This will surely get the attention of anyone with the means and intentions of paying you for your goods and services. Our letters cost 65% or more less than an attorney would charge to write a letter, we take less of your time, it's far less intrusive, and it's more effective because we specialize in getting these accounts paid. We can also be there to further assist you if it doesn't pay since you won't be going to court on these size invoices.

If the payment does not come in in time, you choose what to do with it from there. Smart money would tell you that they ignored you, they ignored the courtesy of a pre-collect notice, and you are now on "their time". At this time we would recommend that you activate the account for our collection service. This is done on a no fee if no recovery basis. We then attempt to expedite your getting paid. Once we have earned $100 or more in fee, we will credit you back the cost of the pre-collect letter.

If you have listened carefully to our previous blogs, you will also have a signed "Terms of Service" allowing the addition of interest, collection costs and legal fees which we will calculate and pursue.

This letter is offered on balances of $3,000.00 and under.  If your balance is higher please contact us immediately to discuss the proper steps to recover larger amounts.  Now dust off those old invoices and let's turn them back into cash!!! 

Purchase and submit your letter/s HERE today. 

Call our Client Services Department:  636-487-0986


Toll Free 1-888-908-3905          Ext. 102

Thanks for your time!

Jason Lindsey
President & Principal Consultant
Cambridge Receivable Solutions, LLC
Direct: 636-238-3843
Toll Free: 1-888-908-3905 Ext.101



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