Flat Fee Collection Service
The perfect collections solution for small businesses, flat fee collections minimizes cost and maximizes collections results. Traditional collection agencies and collections lawyers most often work on commission basis. The commission fees are typically high, in the range of 40% to 50% of the debt amount. Obviously on small debts applied across a number of debt accounts, this makes collection on accounts not worth the effort. The amounts are often too small for lawyers to take interest in. Some accounts have been outsourced to aggressive, even ruthless debt collectors who work on a high percentage basis. However with aggressive collections activities, the ongoing relationship with the customer will be sabotaged.
Every small business needs to collect on its accounts receivables and maintain a positive cash flow. The most efficient method, both from a cost and administrative viewpoint is to set up a flat fee collections account with American Profit Recovery. APR's program is designed to maximize the collection of funds yet communicate with debtors in a diplomatic fashion. From Massachusetts to California, and any city in the United States, our solution may be the right one for your company.
Why is a friendlier, diplomatic approach to debt collections so popular today? Historically, more aggressive debt collections companies have offered collections services yet, these companies have sometimes used ruthless tactics that range from harassment of debtors to destruction of their credit rating. These tactics create a very negative environment for collections and tarnish the industry's reputation. The tactics often meet with resistance from debtors who may be reeling from tough economic times including unemployment and the loss of their homes. Although debtors must pay the money they owe, working with them cooperatively is a better way to go. That process begins with a collections account where creditors can send out well crafted and timely collections letters. This is often enough to get debtors paying on their outstanding accounts. If it isn't enough, then collections account holders can take it to the next level of collections activities. This is where our professional collectors get involved and contact the debtor.
American Profit Recovery provides a flat-fee collections service with nominal per account fees and 24 hour access. APR's debt collection solution for financial firms is a superior alternative to methods used by a traditional Collection Agency. Call us today to learn more about the APR debt recovery solution. We can make your bad debt collections easier and more successful. Outsourcing to APR Nationwide collection agency is the best decision you'll make this year. From Massachusetts to California, and any city in the United States, our solution may be the right one for your company.
* Based on volume, average account is under $10.00.