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COMMERCIAL COLLECTIONS
“The collection business is part of the service industry, but far too often SERVICE is a forgotten word.  Agencies today seem prone to forget they work for YOU, and not the other way around.  SERVICE has never been a forgotten word at MCH”.  

"EXPERIENCED"

Founded in 1924, our average credit specialist exceeds 15 years of professional industry experience. Our Collection Department has recently attained the highest certification offered by the Commercial Collection Agency Association. 


"PERSONAL SERVICE"

At MCH we understand there is no single fit for all customers and work directly with you to customize collection approaches that will best service you.  


"TOOLS"

From Free 10 Day Demands through full legal handling of claims, if necessary, MCH has the tools, resources and expertise to bring in those tough accounts to help your bottom line.  We can and do understand even the most complicated collections.


"CONFIDENCE"

MCH is fully bonded & licensed to protect you on all accounts placed with us. Clients can rest assured with the professionals at MCH handling outsourced collection accounts. Quick funds remittance.

“Many of you are familiar with us from our Commercial Credit Reporting Services, why not try our COLLECTION Services now. “  

MCH is a member of the Commercial Collection Agency Association and is licensed by and bonded to the people of the State Of Illinois. Our collection services for claims against commercial debtors are available to our subscribers at less than our competition.  This service is also available to non-subscribers at slightly higher fees.   

All of these services combined are why MCH has been known as “The Credit Authority of the Industry” since 1924.  Additional information about our services with examples may be viewed from the home page by choosing the tabs above for the items of your interest. 

 

COMMERCIAL CREDIT SERVICES

Manufacturers in the Plumbing-Heating-Cooling industry, who wanted a high-quality specialized, credit service at a reasonable cost, established Manufacturers Clearing House of Illinois Inc in 1924. Our mission for over (80) eighty years has been dedicated to this goal, together with personal service. 

 

CURRENT PAYMENT TRENDS

Our high-quality credit service includes a bi-annual Summary of Capital Ratings and Paying Records on all distributors.  Capital Ratings are based on tangible net worth. Payment records reflect the actual number of payment experiences as reported to us by the manufacturers for each classification on each account from discount, prompt, through slow up to 30/60/90/120 days, & cash sales.

 

COMPREHENSIVE CREDIT REPORTS

In addition, MCH provides detailed credit reports prepared from information submitted by the distributors, financial information with a five year comparative (when available), payment experiences of manufacturers with a five-year comparison, UCC filing summaries, & other relevant public record data.

“ Credit is not an inherent right; it is not something which can be demanded.  Credit, therefore, is a privilege ! ”  

 

FINGERTIPS ON THE AORTA OF THE INDUSTRY

Current, up-to-the-minute information is available to our subscribers via the bi-weekly Service Bulletin, Semaphore, and Micro Reports.  All three of these publications keep you informed of various events - such as new ownership, new officers, claims placed for collection, NSF checks, past due holding orders, bankruptcies, etc. 

 

TRADE CREDIT GROUPS

Manufacturers Clearing House services various Creditors Trade Group Meetings in the United States.  These meetings give the new, and the seasoned credit professional an opportunity to share and obtain information relevant to the industry, along with challenges and opportunities in our ever-changing environment.   

MCH is the communication link between Credit Professionals!


4875 North Elston Avenue
Chicago, IL 60630
773-545-6300

 

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