Cdr Financial Services

CDR Financial Services was founded in August 1996 as a California LLC and is one the fastest growing AR Management firms in the country. Headquartered in Long Beach, California we have 2 divisions; Healthcare Services and Business Services that combined manage over $500 million of our clients AR. Our management team as over 100 years of combined ex... perience in various business environments and has the expertise to understand your operation. Many of our clients have had a business relationship with our company for over 5 years. As an AR Management Company, we act as or augment the internal A/R functions of our Clients and manage accounts from day 1 after invoice and re-bill all accounts as necessary. We exclusively manage accounts that have specific invoices for products or services that were provided by our Clients to a business or consumer/patient under the terms of a contract or agreement for a specific date or over a defined period of time. Therefore we do not purchase debt nor do we manage write-off /charge off accounts of banks or credit issuers whose transactions/accounts may include many purchases from multiple vendors with no supporting documentation that the product or services were actually provided. This fact distinguishes our business model as an A/R Management Company from a traditional "3 rd Party Collection Agency" whose business model focuses primary on recovering write-off or charge-off accounts that may also include bank or credit card issuers. Although the A/R Management Services business model is not new, it is not as familiar to as many businesses as a solution as are 3 rd Party Collection Agencies. Our goal is to convert those businesses that traditionally use 3 rd Party Collection Agencies to our A/R Management services. The benefit to your business that we hire our staff based on your specific business needs and train them to be familiar with your specific product or service so that you don't need to. This is offers immediate cost savings to our clients in addition to the increased cash ...Read More