Ryan & Jacobs / The Jacob Companies LLC

We're hiring a seasoned Commercial Collections Specialist! Come be a part of something amazing! ??????Click here to read the full job description: https://lnkd.in/g9Gvyeps #hiring #werehiring #commercialcollections #b2bcollections #industryleaders #ryanandjacobs #plano #nyc #midland #miami

We're hiring a seasoned Commercial Collections Specialist! Come be a part of something amazing! ??????Click here to read the full job description: https://lnkd.in/g9Gvyeps #hiring #werehiring #commercialcollections #b2bcollections #industryleaders #ryanandjacobs #plano #nyc #midland #miami

Happy Valentine’s Day and Happy Birthdays to our February birthdays! ???????????? We hope you have a weekend full of love and laughter. ???????????? #ValentinesDay

Check out our very own, Hal Wallace III , quoted in Reuters!!! In our industry, this is a big deal! Way to go Mr. Wallace!!!

Tune in this morning to hear our team of experts discuss factoring and oil & gas. Don't miss it! ?Where:?Online Via Zoom ?When: Wednesday, February 12, 2025: 8am - 9am PT (Pacific) Speakers: Hailey Benton-Thomas - President, Bison Payments Hal Wallace III - President/Co-Owner, Ryan & Jacobs /The Jacob Companies LLC Matthew Bicik - Director of Commercial Sales, Senior Debt Specialist, Ryan & Jacobs / The Jacob Companies LLC Fee: This webinar is FREE for IFA Members and Ally Members. ($100?for non-members) A unique participant ID will be sent to all attendees. Register Here: https://lnkd.in/d4bjz9HR

Tune in this morning to hear our President, Hal Wallace III, and our very own, Matthew Bicik, to discuss collections and factoring. Today at 10am CST/8am PST. Register below!

Ryan & Jacobs is celebrating Black History Month! As we embrace Black History Month, we are proud to honor and celebrate the incredible contributions of Black pioneers who have paved the way for future generations. Their resilience, creativity, and determination have shaped our society and inspired countless individuals. Join us in recognizing their achievements and reflecting on the ongoing journey toward equity and inclusion. Let's come together to celebrate the rich history and culture that enrich our lives today! #blackhistorymonth #ryanandjacobs #ryanandjacobsnyc

Wisdom Wednesday?? We frequently receive requests to collect on consumer debts, despite clearly stating on all platforms that we are a commercial collection agency. Below, you'll find an outline highlighting the key differences between commercial and consumer collections. CONSUMER DEBT COLLECTION refers to the process of recovering overdue payments from individual consumers (as opposed to businesses) who owe money for goods, services, or loans. This process is typically handled by collection agencies, though it can also involve the original creditor working directly with the consumer. 1. Debt Recovery: When a consumer fails to pay a bill or loan (like credit card debt, medical bills, or personal loans), a collection agency is tasked with contacting the consumer to collect the overdue amount. 2. Communication: Agencies will use phone calls, letters, and sometimes emails to remind consumers of their overdue payments. They may offer payment plans or settlement options to help the consumer pay off the debt. 3. Negotiation: Collection agencies may negotiate with the consumer to find a way to resolve the debt. This could include settling for less than the owed amount, agreeing on a payment plan, or restructuring the debt. 4. Credit Impact: Failing to pay debts and having accounts sent to collections can negatively impact a consumer’s credit score, making it harder for them to secure loans or credit in the future. ??COMMERCIAL DEBT COLLECTION refers to the process of recovering unpaid debts owed by businesses or organizations to another business or service provider. This service is typically provided by debt collection agencies or specialized professionals who handle the collections process when a company is unable to collect payments directly from its customers or clients.?? Here’s a general outline of what it involves: 1. Debt Recovery: Commercial debt collectors work to recover unpaid invoices, loans, or other business-related debts from companies, often through negotiations, calls, and formal letters. 2. Account Management: The agency may manage overdue accounts, track payment progress, and communicate with the debtor on behalf of the business. 3. Legal Action: If necessary, commercial debt collectors can take legal action against the debtor to secure the owed amount, including filing lawsuits or placing liens. 4. Avoiding Business Loss: The goal is to recover as much of the debt as possible while maintaining business relationships and avoiding significant financial losses. These services are important for businesses that need professional assistance in dealing with non-paying clients or customers, as it allows the business to focus on its operations while ensuring that outstanding debts are managed effectively. ??????Are you getting iced out by your customers who aren't paying you for your services? Has the communication grown cold? Give Liz and Hal a call! Team RJ will warm your heart and your wallet!?????? ??972-472-7857

Customers who don’t pay is a thing.

Are you frustrated with pursuing customers who fail to pay your invoices? How long are you letting them go beyond your payment terms? It seems like it’s time to reach out to Ryan & Jacobs. Dave and Charles are back at it again. This time, Dave, alongside Ryan & Jacobs, is Charles's real-life superhero.