Glomar Bay, L.L.C. Accounts Receivable Management
Glomar Bay L.L.C. is a one-stop firm managing all your Accounts Receivable needs. The intricate art of effective Credit Management is our expertise. Our professionals have been doing it locally as well as internationally since 1995. We understand how to position the Credit Department to contribute to your bottom-line profitability.
Our Credit underwriting services provide recommendations on how much open credit to extend to new or existing customers. Additionally, our Commercial Collections services are designed to improve aging performance and DSO, reducing the chance of bad debt accounts.
What will Glomar Bay deliver?
A lean, clutter free A/R aging. Complete customer files with suitable credit limits backed by appropriate securities. In essence, we will deliver a world-class Credit Department working in harmony with internal and external customers so you can concentrate on what you do best; running your business.
Contact Us
info.a@glomarbay.com
(305) 321-2680
Areas of Expetise
Underwriting
Alternative Financing Solutions
We will engage your customers, learn about their operations, and study their financial statement. In addition, we will check bank, trade references, and obtain independent reports. Glomar Bay will perform an objective review and offer a recommendation.
New Customers – Analyze and investigate credit worthiness of potential customers.
Existing Customers – A credit review can be performed to expand existing business by revising historical behavior and updated financial statements to determine if a credit limit increase is warranted.
Glomar Bay understand the effort it takes to win a sale. In the event your customer does not qualify for open terms, do not turn the deal away. This is the opportunity to introduce creative alternatives. We are experts at managing all forms of letters of credit, international bank draft as well as flooring and factoring. We can draft Promissory Notes and "Pagares". Glomar Bay staff can also help you build a portfolio that incorporates insurance coverage.
Glomar Bay understand the effort it takes to win a sale. In the event your customer does not qualify for open terms, do not turn the deal away. This is the opportunity to open the tool box. We are experts at managing all forms alternatives such as bank’s letters of credit, Escrow accounts, International bank draft, flooring and factoring. We can draft Promissory Notes or "Pagares". Glomar Bay staff can also help you build a portfolio that incorporates insurance coverage.
This strategy will allow you to make the sale while incorporating a third party financing entity. Any of these tools will also be available for future use and expand your business.
Get in Touch
Contact us to discuss how we can improve your Accounts Receivable portfolio by directly contacting delinquent customers. On the other hand, we can also help you capture as many opportunities as possible, either with open credit or through a third party financial entity.