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June 23, 2011
Press Release
Brown & Joseph, LTD announces its expansion into the debt acquisition market focusing on commercial charge-offs within the insurance, wholesale distributors, manufacturing, and media industries. Recent trends in litigation, particularly, increasing internal and litigation costs have created a market for acquiring small to mid-range balances written-off to bad debt. Today more than ever corporations are looking for ways to add cash to their bottom-line without operating costs. Brown & Joseph has a new solution that can help.
Dennis Falletti, Senior Vice President, Brown & Joseph states, "Our new acquisition process and new alliance with Cortera, enables us to quickly idenify recovery opportunities within accounts that have been written-off to bad debt as uncollectable, and convert them to cash for customers. No longer will companies accept the fact that 'under suite threshold, too cmall to sue cases' have little or low value without additional recourse. This new option gives executives looking to recoup what was previously considered unrecoverable debt, a low cost solution to drive bottom line improvement."
With their expansion into this arena, Brown & Joseph brings a new method, customized to each company's unique needs, to grow revenue without increasing operating costs.
For more information about this service please contact Mr. Falletti at This email address is being protected from spambots. You need JavaScript enabled to view it. or call 888-829-9997 x206.
Brown & Joseph, LTD is an international accounts receivable management company headquartered in Rolling Meadows, Illinois and has operated since 1996 with offices domestically and internationally. Their corporate profile can be viewed at www.brownandjoseph.com.
Mr. Falletti's experience spans over 28 years as a sales and marketing executive in the Accounts Receivable Management industry. His resume includes roles as an independent consultant and a slaes and operations management professional working with companies ranging from small businesses to Fortune 500's. Mr. Falletti has in-depth knowledge of receivable portfolio purchasing, A/R management software solutions, credit / collections, and the outsourcing of receivables management. In addition to his present duties, Mr. Falletti was elected to the Gerson Lehrman Group's National Advisory Council's top 20 Advisory Group as an independent consultant.
Brown & Joseph has entered into a strategic alliance with Cortera, a leading information provider that compiles insights on nearly every US business. We've all been starved for information about what's really going on within companies - especially private ones. Now businesses can better manage risks and increase revenues with the latest intelligence from Cortera. Learn more at www.cortera.com.
Brown & Joseph: Innovative Credit to Cash Solutions.