Craig T. Mathews and Associates has helped us reduce our DSO by 20 days. About 40% of our sales are to contractors who build municipal water and wastewater treatment plants. Using mechanics liens, which have to be released by the seller before the contractor can turn the ownership over to the operating company, we have stopped frivolous counter-claims and late payments. The liens have also protected our company from incurring any bad debt write-offs. CTMLAW is able to file these liens in any state and does so at very reasonable fees, that are often less than 1% of the value of the shipment. This is really the best insurance you can get for payment. It is less expensive than factoring or performance bonds. Undoubtedly, this is the way to go!
Posted: 5/04/2010 • Link to this review
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