Accessing Credit Solutions In A Pandemic, with Jayde Samarzija.

11/19/20 • 17 min

Overdue Advice: Cash Flow & Debt Collection Strategies to Grow Your Business

Individuals, businesses, industries, and governments have struggled to cope with the pandemic. Understanding what’s happening, why, what the risks and dangers are, and what to do about it affects everyone. It’s glib to say, “things are mess,” or “they’re going to be different.” Of course they’re a mess and they’re going to be different, but how? Our guest this episode is going to try to help us wade through debt and credit in the COVID era.

If your income in curtailed, even a little, it can be real real trouble, especially if you can’t get a loan from a bank. Rare collection agencies like MetCredit are sensitive to the human equation. MetCredit connects debtors with 3rd party lenders who work to secure lending so the debt can be managed affordably for a year, with the goal of stabilizing a bad situation to become eligible for cheaper lending at banks and primary lender. That was before the pandemic. Are things the same, better, or worse?

Today we’re talking with Jayde Samarzija about access to capital, and how his company JMS Mortgages, is dealing with the pandemic, and what trends he’s seeing looking into the future.

Today we’re talking with Jayde Samarzija about access to capital, and how his company JMS Mortgages, is dealing with the pandemic, and what trends he’s seeing looking into the future.

Previous Episode

Recovering from COVID with Marc Billard

There’s no need to guess why it’s been months since we recorded a podcast. When the pandemic lockdown happened in March, everyone was scrambling. Well, almost everyone. Businesses without interruption, continuity, or disaster plans, scrambled to make them up as they went along, as if things aren’t hard enough. The fact that people’s incomes were locked down too, complicated matters more.

This podcast talks about ways to keep cash, credit, and debt in circulation so your business can prosper. What happens when the circulation is slowed or stopped...for everyone?

Marc Billard, MetCredit’s Vice-President of Contact Strategies and Performance, says it was a massive undertaking to keep working while changing how the company served its clients. Months later, Marc Billard says while strategies and client priorities have shifted, business is pretty much back to normal.

In this episode we’re reviewing the start of the pandemic to explore how it affected MetCredit and its clients. And we round out the conversation talking about the present, and how he thinks the future might unfold.

Next Episode

Recovery to Growth: Upgrading Your Mindset with ‘Construction Millionaire Secrets’ Author Dominic Rubino

What we need is a deep breath to reset how we think about our businesses. Enter Dominic Rubio - a professional business coach, entrepreneur, host of his own podcast called The Profit Toolbelt.

While this episode isn’t specifically about credit and debt recovery, we wanted to hear what Dominic Rubino has to say about planning for the future because the first step to debt recovery, is not to have to worry about it - so, planning. Dominic talks about what that means for planning processes, writing and managing expectations on both sides of a contract, and the one thing he thinks is key to business success in the future.

Dominic Rubino - https://profittoolbelt.com/
MetCredit - https://www.metcredit.com/

Canadian Debt Recovery Calculator - https://www.metcredit.com/debt-recovery-calculator/
Brian Summerfelt's Blog - https://www.metcredit.com/blog/