Today everyone is looking for ways to tighten their financial belts and
when small businesses experience difficulty collecting overdue accounts,
hiring a collection agency might seem out of their reach. Others fear they
will end up paying more in fees than they would like. It is possible to find
a collection agency that meets your specific business needs, who will
breathe new life into your bottom line, treat customers with respect and
diplomacy and is affordable.
How to find help that meets your budget.
Finding a collection agency that offers a flat-fee system makes it
affordable for most businesses to seek help, even with a tight budget. A
flat-fee structure costs approximately $10 to $15 per account, regardless of
the dollar amount being collected. This is a strong contrast to the majority
of traditional collection agencies who take a large percentage, usually
around 33 percent, of an overdue account. Agencies with a flat-fee structure
make it far more affordable for small businesses to hire third-party teams
for assistance.
Look for proven methods of success.
Finding help from a reputable collection agency that is affordable is
half the battle in recovering overdue accounts. Finding a debt recovery team
that will work with internal collection staff can also help a small business
save money through improved efficiencies and procedures.
Look for a collections team who:
Offers a flat-fee collection system Employs professionalism, ethics and
standards Follows proven methods of success in their practices Educates
staff and creates tailored solutions Believes in resolving debt, not just
collecting debt.
A collection agency that is affordable with a flat-fee system and has
integrity will help a business improve their accounts receivables and allow
businesses to spend time chasing new business, not past due accounts.
Working in concert with a strong collection team helps business owners and
operators do more with less and retain a strong standing in the community as
well as their industry.
American Profit Recovery (APR) is a collection agency with offices in
Massachusetts, Michigan, North Carolina and Kentucky. Founded in 2004, APR
specializes in the collection of third-party debt in industries such as
medical/dental, banking, trades, lawn care and other professional services.
The firm serves approximately 2600 clients. 800-711-0023
http://www.americanprofit.net/
