Debt Collection Company
I'm sure every business owner has asked him/her self, what can I do if my customers won't pay me? Do I hire an in-house person, my accountant, an Attorney? The most cost efficient and effective method is a Debt Collection Company.
One such collection agency is Rapid Recovery Solution, Inc. Rapid Recovery is a Full Service, Attorney Based Debt Collection Agency serving clients worldwide. They have 750 offices in 360 cities in 60 countries. That makes it easy for them to contact customers who move around a lot. They understand that your business will not run properly if your customers do not pay. They also understand that businesses work best in 30-day revenue cycles.
Not all businesses are the same. RRS has developed a system to handle many types of company debts. A few examples: B2B, Wholesalers, Manufacturers, Dr's Office. This is just a short list validating they are exports in many fields. as a bonus they also provide, free of charge: credit bureau reporting, skip-tracing and effective dunning notices.
They will even have different plans they can offer your past due customers. This will enable your customers to pay on a timely basis. In turn, you and the customer will be happy.
Here are the steps they will usually take with your customers.
The first notice is sent to the debtor. They will attempt to contact for 30 days via phone, fax and email.
A second letter will be sent after 30 days if a payment has not been secured. The calls will keep going out.
Still no results? They will alert the credit bureaus of the bad account.
If the debtor has not responded RRS will send a certified final demand letter.
To make it easier for your customers to pay Rapid Recovery Solution, Inc. can accept payments for you through check by phone, credit card payments and debit payments.
When it warrants, each file will be updated every thirty days, especially when customers do not make the payments as promised.
Rapid Recovery Solution, Inc. will do everything possible to see that their clients get their money. If you are interested in learning more about their operations you can reach them at: 80 Orville Drive suite 100, Bohemia, NY 11716 and by phone at 631-776-8109
Their website address is: http://www.RapidRecoverySolution.com
Rapid Recovery will bend over backwards to earn your trust and confidence. Give them one chance to impress you and you will never have to worry about past due accounts again.