An Opportunity Within Reach: A World Series Story

The story of our Texas Rangers is well known. And the battle that was the 2011 World Series still is with us. It is a reminder of opportunities lost, but found again.

“We had the good fortune to be able to attend Game 6 of the World Series in Saint Louis,” Brad Gurney said. Brad is Senior Vice President of Business Development for American Receivable. Brad and Jack Stieber, President of American Receivable, were at Game 7 along with several others.

“The game was exciting but a heartbreaker, too,” Brad continued. “Just like in business, we are presented with opportunities and sometimes they work, like Josh Hamilton’s 10th-inning homer, or don’t, such as Nelson Cruz’ missed catch,” he said.

Business, like sports, is a contest of skill and endurance. At American Receivable we can help you endure the financial pressures while you practice your skills of your business.

“We enjoyed the game, but would rather have had a different outcome,” Jack said. “But like in business, we saw the good and the not so good in one day. But we reveled in the great season the Rangers had, but always hope for next year.”

If you are looking for the rest of a team to help fund, guide and manage your business, call Jack, Brad or any of the other American Receivable team at 972-404-4726 or visit our website.

The American Receivable Team

Giving Back: American Receivable Serves Dinner at Dallas’ Ronald McDonald House

It is a simple thing to do: take a few hours to do something for someone in need. That’s what the American Receivable team did recently for the families at Ronald McDonald House.

And all it took was some hot food, a few hours and smiles.

“We had a great time and feel we did some real good,” Anne Capps said. Anne is Vice President of American Receivable, a North Texas financial service company. “There is nothing like helping others.”

Anne came up with the idea of serving dinner at Dallas’ Ronald McDonald House after a similar experience with the Addison Rotary Club. As a member of that group, Anne arranged for food, coordinated with RMDH and made sure everybody showed up. Oh, and she also dished up the main entrée.

Ronald McDonald House is a nationwide charity that provides housing, food and other support for families with a child ill and in need of extensive medical treatment. Meals, sleeping quarters and other support are provided for little or no cost in the facilities built by charitable donations and supported by an army of volunteers.

“Giving back is really important to our company, Jack Stieber said. “We have enjoyed some success, so we do something for several organizations each quarter to share in that success, he said. Jack is president of American Receivable and a long-time supporter of charitable causes and organizations in Texas.

On this particular night, Jack and Anne not only brought their coworkers, they brought several generations of family and friends to help out. Jack’s mother and daughter and several friends were doling out the chicken spaghetti, salad and cookies to the 15 families who enjoyed the catered dinner. In the background, a team of Dallas Junior Leaguers prepared the next morning’s breakfast.

“Ronald McDonald House is a favorite of mine and I thought it fit well as a ‘mission’ for our team,” Anne related. “When you see those faces, it really makes you feel great.”

For more information about Ronald McDonald House and American Receivable, please visit their respective websites or call American Receivable at 800-297-6652.

Going the Extra Mile With Your Clients

Communication is the foundation to any good relationship. Nothing replaces good old face-to-face interaction.

Recently Jack Stieber, President of American Receivable, and Anne Capps, Executive Vice President, took a day away from their Dallas office to visit their clients in Houston.

“Visiting a client in person and seeing things first hand is very effective,” Jack said. “It is the best way of knowing just how things are going with a client, their business and their client relationships,” he said.

American Receivable works very closely with their clients and has for over 32 years. The company provides factoring and credit services for a number of companies in a variety of industries.



“Clients are what drive our business. The single most important part of our relationship with them is knowing that their needs and expectations are being met” said Anne Capps.

“While it helps us serve them better, it also gives us the chance to lead by example so they will develop the same kind of relationship with their clients,” Anne said.
Companies experiencing cash flow issues benefit from American Receivable’s factoring program in a variety of ways. By factoring, companies can meet payroll, purchase supplies and equipment or simply use the cash to pay ordinary business and operating expenses.

For more information on factoring, contact Anne, Jack or the rest of the American Receivable team at 972-404-4726.

Testing, 1-2-3

Most of us take our automobiles for granted. They get us from point A to point B with, hopefully, little or no trouble. We never stop to think about all the various parts that make up our autos. One struggling company in the south does.

If it’s on a car or truck it has the potential to break at some point in time. Our client, Bob, runs an automotive testing service. He knows just about each and every model of the vehicles on the road today and tests them one at a time for the various manufacturers. From tires to light bulbs, Bob’s seen and done it all.

(Because of the private nature of our industry and work, we are not using our client’s real name to protect him)

Bob had a huge opportunity to work with one of the U.S.'s largest automotive manufacturers. But because he was still too new of a company for a traditional bank loan, he was unable to secure the financing to engage this large client and grow his business.

American Receivable was able to step in once Bob was awarded the contract and not only provided them the factoring they needed, but helped him establish a solid payment history with his vendors by making timely payments. With our help, Bob was able to expand his testing service to several areas of the U.S. and has become one of the “go to” companies for most of the new and aftermarket automotive equipment manufacturers.

So, the next time you get in you car or truck, look closely and know that Bob has done his job.

For more information, contact American Receivable at 972-404-4726.
The American Receivable Team

www.americanreceivable.com



(Because of the private nature of our industry and work, we are not using our client’s real name to protect him)

Factoring Q&A

We recently sat down with our president, Jack Stieber. Jack is the President of our 32-year-old company and a veteran of financing options is a credit-tight world.

Q&A: What is factoring?
Jack: Factoring is the process by which a company and a third-party use receivables (unpaid invoices) as a leveragable source of income.

Q&A: Is this a legal practice?
Jack: Yes, it is and a legal and regulated source of legitimate cash flow for a company.

Q&A: How do I get the process started?
Jack: You seek the counsel of a reputable receivables firm like American Receivables.

Q&A: How soon can I get my money?
Jack: In as few as three days.

Q&A: Do I have to undergo any underwriting or any of the processes that banks put me through?
Jack: Yes, but it is a bit different—receivables companies actually investigate your customers to see if they are credit worthy.

Q&A: What about investigating me?
Jack: Yes, to some degree. We are going to do a character reference on you to see if you measure up as a potential customer first before we start the process on your customers.

We hope these few ideas get you starting to think about how you can finance your business. For more information, please give Jack or our team a call at 800-297-6652 or visit our website, www.americanreceivable.com.

The American Receivable Team