Commercial Debt Collection Services in Portsmouth, VA
Accounts receivable can be a often be a burden for small businesses, especially when dealing with commercial debt collections in Portsmouth. These require the experience and expertise provided by our trusted collections agents in Portsmouth. Discussing money seems to be one of the last taboos and nobody wants to be the bad guy. Our Portsmouth commercial debt collection services can help take that burden off your shoulders. We understand how commercial debt differs from consumer debt and the different methods available for collection.
How much does commercial debt collection service cost in Portsmouth?
Most Portsmouth commercial debt collection agencies charge based on their success rate. In other words, they only get paid when you get paid. Fees are contractually agreed upon on a case by case basis and average fee ranges from 23.8 to 41.42 percent of the total amount of commercial debt collected.
Why is Portsmouth commercial debt collection service different?
Consumer debt is regulated by the Fair Debt Collection Practices ACT (FDCPA) while commercial debt is not. Collections agencies in Portsmouth can be much more aggressive with their phone call frequency and written communication when collecting collecting commercial debt from a delinquent business.
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If your business is considering hiring a collection agency, choose a trusted partner that specializes in Portsmouth commercial debt. Many times a relentless pursuit of outstanding debts can make all the difference. Agencies that focus on niche markets within this larger group of collections often experience the highest win rates.
Contact our local offices to get pricing on commercial debt collection services today!
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What Our Customers Say
We had roughly 500,000 in accounts receivable from inventory sales to two of our wholesalers who were 6 months delinquent. We thought that money was never coming. Luckily we've been able to claw a good portion of that back so far. The fee we paid the collection agency was worth it. We never thought we were going to get paid. Thank you for the great service!
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