Industry news
Covid-19 & Force Majeure
October 13th, 2022 – Jonathon D. Nelson, General Counsel for Dedicated Financial GBC The coronavirus (COVID-19) has undoubtedly changed the ways in which we interact with others and create relationships. Businesses that find themselves strapped for cash are more...
Material Breach of Contract: Performance Relieved
July 5, 2023 – Jonathon D. Nelson, General Counsel for Dedicated Financial GBC In the event that one party to a contract materially breaches that contract, the non-breaching party is usually relieved of their obligations under that contract. Simply stated, the...
Chasing Significance Over Success
On my last day in Port Au Prince, Haiti, while standing atop the mountain overlooking the city, I realized something profound: I had been chasing the wrong thing most of my adult life. At that moment, with my heart shattered and my emotional strength gone, I knew that...
Gloomy Forecast: Oil Industry Bankruptcies Increase 471%
At the beginning of September 2014, the price of a barrel of crude oil on the New York Mercantile Exchange closed at $95.96 per barrel. By the beginning of 2015, the price had dropped approximately 56% to $53.27, slightly more than half what it had been a year...
We’re now a proud member of the Used Truck Association!
Dedicated Commercial Recovery Inc. is proud to announce that we are now members of the Used Truck Association! We are so excited for the 2016 UTA Convention in beautiful Savannah Georgia. We cannot wait to see our current clients, and meet lots of new potential client...
Why use Dedicated for commercial collections?
The answer is simple. We chase significance over success. Everything we do is based on excellence. This core principal has created an environment and a team unmatched in the industry. When you receive letters of appreciation from clients AND debtors, you know you’re...
6 Top Issues for Managing Equipment Finance Industry Collections
Equipment finance Industry article by Shawn Smith Top issue for the Equipment Finance Industry: Where’s my equipment? The number one sore spot in 2018 for many equipment finance clients will be either equipment or guarantors that go missing. Especially when there are...
Serving at Sheridan Story
We’re packing for The Sheridan Story, volunteering as a team with our Dedicated to Serve program. It’s all about chasing significance over success. We all make money, but I grew up a poor kid on welfare and remember not having enough to eat. This organization sends...
Food Truck for Hunger
Tiki Tim's Food Truck at Dedicated CRI Last Wednesday we partnered with Tiki Tim’s food truck to feed the hungry with a new event, Food Truck for Hunger. We invited the neighborhood offices to come out for a food truck lunch to build community and support a good...
How to limit risk in a Merchant Cash Advance lawsuit
There has been an increasingly high demand for contingency on MCA legal enforcement. Alternative Finance Companies want to work with third-party collectors who only get paid upon collecting the debt, in contrast to using tools like replevin that often bill hourly....