Lunch & Learn: Common credit and collection mistakes. How to identify and how to help.
February 5, 2025 11:30 AM to 1:00 PM (Pacific Standard Time)
Main Floor Conference Rm 8120 Penn Ave S.
Bloomington, MN 55431
Bloomington, MN 55431
How many times has a prospect or client handed you an accounts receivable aging that contains a smattering of clients and invoices that range from 30 to 120+ days old, totaling 20% or more of the aging, and no real explanation?
The CFO or business owner assures you that they are on top of it, so you sort out the eligible from ineligible collateral, and move on thinking you’ve done your part.
But what is really going on?
Let’s take a look behind the curtain, as Al and Cathy Sedacca share stories and examples of what is really going on with your clients, how it could hurt you, and how you might be able to help your client and better secure your loan.
About Us
The Collection Dept. is B2B AR collections company that tailors cost-effective engagements to where, when, how, and for how long you need the most impact. Whether you need a team, or want to strengthen your existing team, we’ll put decades of experience to work delivering results that replace your stress and strain with confidence and control.
Cathy Sedacca
Cathy spent 25 years in the finance industry where she provided accounts receivable and inventory financing for companies facing cash flow problems. Most notably she co-founded Sage Business Credit in 2013, an accounts receivable and inventory finance company. Outside of work, Cathy enjoys spending time with her husband and 2 adult daughters.
Al Sedacca
Al has perfected the art of collections through 20 years of experience. He has worked in companies both large and small, public and private, and in a variety of industries. He is a player-coach who believes in having fun while getting things done. Outside of work Al enjoys spending time with his family, traveling and seeing live music.
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