Boston Commercial Services Pty Ltd (ABN 87 114 658 070) CAPI Licence Number 409 456 759

You are here: Home / News
Boston Commercial Services can help put a stop to outstanding debt before it's too late.

At What Point Should You Escalate Overdue Accounts Receivable?

For a multitude of reasons, businesses often have weak accounts receivables policies. The result is that despite generating impressive sales figures, the money just isn’t making it through the door and goods and services are effectively being given out for free.

Make no mistake, overdue accounts cost your business money and they can significantly impair cash flow, placing you at risk of being unable to pay your own debts as and when they fall due. Not having sufficient capital on hand can also prevent you from being able to invest in growth opportunities, increase shareholder payouts, upgrade your equipment or expand …

Your Credit application Terms and Conditions Should be Drafted by A Legal Expert

If your business allows clients to purchase products or services now and pay for them later, you are essentially extending them credit, assuming they have the means to pay for the transaction. While this can help to facilitate business, it does leave you wide open to the risk of serious financial loss. For this reason, it is vital that you establish bulletproof terms of sale prior to extending credit to any client.

The terms and conditions in your credit application, together with those appearing on invoices, order forms and your website may all form part of the contractual agreement between you …

How to Manage a Debt Recovery Dispute

When improperly handled, overdue receivable debts can severely impact a business’s ability to stay afloat. Overdue accounts not only cost money to collect, but they mean that cash flow is not available to the business, meaning it itself is at risk of accruing debts that it cannot pay. This is especially so when overdue accounts become long-term or ‘bad’ debts.

When debt ‘collection’ becomes debt ‘recovery’
Effective and consistent debt collection procedures can go a long way to preventing ‘old’ debt. However, even businesses with the most efficient debt collection procedures will end up having to deal …

Why You Need Legal Advice to Secure a Commercial Mortgage

Working towards owning your own commercial property has many positives, you can:

Pay yourself to ‘rent’ your own space
Customise the building for your needs
Combine functionalities to streamline your process
Expand at your own pace
Sublet areas of your building, and more

However, despite its innocuous title, approaching a commercial mortgage is entirely different from that of a residential mortgage.
So what are the main differences?
Mainly, borrowers need a much larger deposit to secure a commercial property. While residential properties …

What is a “financial cycle” and how does it affect your business?

Through experience, business owners and operators become naturally attuned to the peaks and flows of the economy. However, when the livelihood of your workers and your family are at stake, it is too great a risk to place complete trust in gut instinct.

So how do business owners and operators plan for and recognise times of growth and recession?

Despite its dense and often complex background, successful businesses will follow the macro “financial cycle” of their environment to inform business decisions and avoid glaring pitfalls.

What is a financial cycle?
Also referred to as business cycles, financial cycles map out the rises and falls …

How to tell If A Client is Going Under

Every company had debtors, people who owe them money, the last thing we want is for a client to go under or be deemed unable to pay. If a client is going under we should be able to identify if they are and be able to prepare a plan to tackle this. What are the warning signs of a client going under?
Warning Signs of A Business Going Under

Cutting dividends.
Business’s that cut their dividends are experiencing tough times. They may just be experiencing a rough patch but if they are looking to boost revenue …

What do you do if you suspect a debtor is in financial trouble?

Increases in late payments of invoices, dishonoured payments and post-dated cheques are all indicators that a debtor may be experiencing financial hardship or possibly headed for insolvency (if they are not there already).

Once a person or company is declared insolvent, their creditors must go through the process of proving their debt in the bankruptcy or liquidation, in order to recover any outstanding monies owed to them and typically only recover a fraction of what they were owed.

So what is a creditor to do? The first inclination of many is to quickly and aggressively recover whatever they …

How to Go About the Small Claims Procedure (NSW)

The small claims procedure is one of the many ways a business or sole trader can recoup money owed through a legally enforceable transaction of goods or services.

Small claims procedure is effective for cases where the:

Claim is for less than $10,000* (*applies to NSW only)
Entitlement being claimed is covered under Australian workplace laws, and the
Statutory time limit has not expired (usually six years from when …

Can you afford not to be paid today?

There’s an old adage in the debt collection business that goes a little something like this, “The longer a debt is left outstanding, the harder it is to collect” and never a truer statement has been spoken.

You place your debtors in the “Too hard” pile for difficult collections?  What about your final notices, they are ignored? Or your staff spend all the time to improve their debt collection skills instead to generate new revenue? More than these relevant facts, you pay interest on money that is outstanding?

One of the biggest mistakes business owners make is to put off hiring …

Get In Touch

Get an obligation free assessment now


Get in touch with us

Talk to our experts in Debt Recovery, Legal Services and Finance Solutions

  • I have worked closely with Boston Commercial Services for over twenty years across four different companies and would not work with anyone else in regards to helping me with my outstanding accounts. Whenever I have started a new role, the first thing I am asked is, “How would you go about cleaning up our accounts receivable ledger?” My answer is always the same – “The first thing we need to do is call Boston Commercial Services”.

    Voytek Bradford

    Freedom Foods Group Limited (National Credit Manager)

  • I have known the principal of the BOSTON Group (Derryn HARRISON) as well as key staff members (including Ben GOWER) for well over 2 decades and have been using their professional services for myself as well as for Powerhouse Logistics Pty. Ltd. on a regular basis, not only in Sydney but on a national basis.

    At all times BOSTON have been extremely pro-active, attentive, courteous and professional with all matters we threw at them. Their advice has always been extremely sound and commercial and I find them to be a "breath of fresh air" within the legal fraternity and have no hesitation whatsoever to highly recommend them.

    Peter Brueckner

    Powerhouse Logistics Pty Ltd (CEO)

  • Expect A Star has worked with The Boston Group for 10 years. In this time we have appreciated the ongoing support of Boston for all of our collection and legal requirements. Like most businesses cashflow is critical to ongoing success and growth, with Boston we have found a partner who are an extension of our business and play a key part in our cashflow management. The Boston Group bring a level of expertise to our business which is valuable and coupled with their excellent customer service we look forward to continuing to work with them for many years to come.

    Ryan Meldrum

    Former CEO

  • I have been using the services of The Boston Group and their legal entity for over 11 years. During this time I have found their service to be impeccable, delivered with the utmost professionalism and integrity. The vast majority of cases that I have placed with Boston were far from straightforward, requiring legal acumen and delicate handling. Having used all methods available without success to procure payment, I confidently placed these matters into their safe hands. In all instances a successful outcome was achieved.

    Mark Parish

    Credit Manager

  • SNP Security has had the pleasure of working with Boston Commercial Services for the past 11 years. Boston has played an integral part in the continuing success of SNP Security’s low DSO’s, 90 Day % Debt & of course Bad Debts Written Off.

    Amanda Griffiths

    National Administration Manager

Boston Commercial Services prides itself in offering specialised, professional services, through a highly experienced team of debt collector, with personalised client attention.