PICB's Monthly Digest of Sound Credit And Collections Practices    
   

Printing Industry Credit Bureau
(847) 265-0400


Volume 7, August 2014   

Dear Member,

2014 is more than half over and Printing Industry Credit Bureau is again on target to break records!

 

Start the painless process with us HERE.

 

With much respect, 

Andrea

 
       
Original Artwork by Marc. Art, Inc. mob5948@aol.com

PICB has recovered $610,646.00 from non-paying customers! 

  By Andrea Schlack

 

 

A recently won case involved a routine and repeat credit offender who was well known locally for not paying his bill. It was the common belief that this credit thief was the reason several old companies was forced to close their doors and despite this rotten reputation a non-member printer gave this credit con a line of credit and needless to say the Printer not get paid.....Until PICB was engaged. The money was recently recovered but not without a fight.....We WON the legal victory. The Printer recovered all he was due and has since joined his local PIA affiliate.  

   
PICB has provided PIA members with more than 400 Credit Risk Assessments on potential customers!

Most of these customers scored well or average as is expected, but we did see a new recent low customer score. This potential customer who was asking for a line of credit actually scored a negative 38. The score was based upon more than 10 Federal Tax Liens, Several state liens recorded by the department of revenue + a number of recent law suits naming this company as the defendant. Our research also revealed that this credit con had previously operated several prior failed businesses....clearly this was a credit thief looking for an easy victim but was stopped by PICB.  

Remember bad debt may be  a consequence of doing business but who we grant credit to is a choice......Let PICB help you make good choices before suffering a bad debt loss. 
 
Questions?  
Call us any time at (847) 265-0400
For Collections, visit PICB: www.picb-us.com
For Risk Assessment, visit Check It Co: www.checkitco.com
 

CREDIT TIPS
 


Sometimes the words spoken by others carry more meaning, even though that which you said means the same therefore let the below email from Rutledge Printing Company, a long time client and member of PIA, be your cautionary tale rather than a dire premonition. 

 

Andrea,

Just thought I might share something with you and then follow up with a Thank You.  Recently, I was in an industrial condo area conducting some business and I saw a sign that looked like a possible customer for me.  I did a little looking on line and figured they might be print brokers and therefore fair game for me.  I stopped by there this morning and a very pleasant conversation with the owner.  Very friendly and talkative.  I concluded my meeting with him by suggesting he check with me for some pricing on some upcoming projects.   Fast forward 6 hours, and after thinking about some of the names he dropped, I decided to look him up on Riskee Business.

 

Thank You!  I see he and his father have 5 collections claims in Riskee Business against their companies totaling almost $70,000.

 

Regards,

 

Rick Marks

Vice President

www.rutledgeprinting.com

708-479-8282

 

          


Collection Services 
PICB is the printing industry's dedicated commercial collection agency that has helped printers recover unpaid debts for over 35 years.  Our collection expertise, personal service, dedication, and intimate knowledge of the industry produce superior results at rates below industry averages.
 
From PICB's website, click Resources & Archives at the top of the page to find links to government websites with real-time, free information you may find helpful in determining a customer's stability or viability. These sites provide you the ability to verify business registrations, civil court records, lien information, and much more.

No time to research your customer's background?  PICB's sister company, Check It Co. can help. Check It Co's Credit Risk Assessments compile reports the old-fashioned way with hands-on, extensive research using 21st century tools.  Know your customer before you do the work. 

PICB's free web-based tool, located at www.picb-us.com near the center of the navigation bar, provides free access to our database of customers who haven't paid printers.  Look up your potential customer and see if PICB already knows them.  It may save you some heartache. 

Thanks for subscribing to our newsletter!  
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Printing Industry Credit Bureau - PICB

(847) 265-0400
Quick Links  

In This Issue
The Plight of the U.S.S. Printer

Your Staff at 
Printing Industry
 Credit Bureau

Andrea Schlack 
President

 Dennis Adams

Vice President
Collections Manager

 

 

 

KreditKarma

 

Don't let them  bite twice!

 

 

A partial list of Uncollected Judgments for MAY 2014. 

 

 

 Click here

to view the full list.

 

 

 

Andrew Eperi, Individually and dba Afrique 

(IL)

 

Alex Fino dba SF Transport Services (PA)

 

Associated Air Products 

(FL)

 

Berg Printing Enterprises, LLC dba Masterprint (WI)

 

Blue Ink

(IL)

 

CCMP dba BerylMartin 

(IN)

 

Christopher Nicholas Campos dba Campos School Portraits 

(AZ)

 

CMY&K Advertising

(NY)

 

CMY&K Publishing

(NY) 

 

Dale Jaslove Ind dba Healthcare Construciton 

(MI)

 

DBR Enterprises Inc & Anna Fregron as Personal Guarantor  

(SD)

 

Desi Talk Inc (dissolved)

Hemant, Inc. (dissolved) 

Brahmbharr, Inc.

(dissolved)

(IL)

 

Direct Media Marketing, Inc. 

(NE)

 

El Sol Newspaper 

(IL)

 

Ewa Kuchino dba A to Z Media Graph (dissolved) 

(IL)

 

Frank Finocchiaro individually & T/A LBT Systems & LBT Systems, Inc.

(NJ)

 

First Fruits Beverage Company 

(VA)

 

Gregorys Furniture & Mattress LLC

(NJ)

 

Hi India, Inc. 

(IL)

 

Higher Standard Entreprises Inc dba Intouch Publishers.com

(NC)

 

Hip Hop Weekly Entertainment, inc. 

(FL)

 

Home Video Studio, Inc. 

(IN)

 

Hometown Heating & Cooling, Richard E. Fox, individually

(NY) 

 

Indian Hill System Inc, Robert Kelly

(IL) 

 

 Jeffrey Samuel Perry dba Chicago Salon & Day Spa

(IL)

 

Jill Morgenthaler for Congress

(IL)

 

Jim Weems dba J Print Services

(ID)

 

Joseph D. Rinder dba Beltone Hearing Aid Center, and individually

(NJ)

 

Karry Matheson dba Matheson Custom Print, and individually

(UT)

 

Kenmar Stationary

(NY)

 

Kristys Moore a.k.a. Kristys Waggoner dba Orion Publishing

(CA)

 

Lester Bafia, individually and D Mega Force Productions, Inc. 

(IL)

 

Lisa Dote dba G Graphics and dba Print This, and individually

(IL)

 

Lori Hutchings dba Kangaroo Cardio and Kendra Meeker dba Kangaroo Cardio

(KS)

 

MBL Communications, Inc. 

(NY)

 

My Mothers Invention

(TX)