Small Business Collections – Flat Fee
What? Why? And How?
What is Flat Fee Debt Collection?
Flat fee debt collection could be the ideal collections model for small business. You pay 1 low rate up-front, all money collected goes directly to you and you keep 100% of the money collected. You maintain complete control of your accounts and you can cancel service on any account at any time. Unlike traditional collections you can speak to or negotiate with your debtor or not. It’s all up to you.
Why Flat Fee?
Flat fee debt collection gives small business all the benefits of a traditional collection agency without the high cost and loss of control. In the past turning an account over to a collection agency meant:
- High commissions, typically from 25% to as high as 50% of the amount collected. With Flat Fee Collections your commission is 0%.
- Loss of control, you’ll be warned not to speak to or accept money from your customer. You’re in control with Flat Fee Collections.
- More waiting to be paid, often another 2 to 3 weeks after the money is collected. With Flat Fee Debt Collection all payments are sent directly to you and you keep 100% of the money collected.
- Lost customers; you may not want to work with a customer you’ve had to turn over for collections again but the choice should be yours to make. You won’t lose customers working with our flat fee debt collectors. Our collectors aren’t dependent on commissions so they don’t abuse your customers in their effort to collect your money. They just get the job done.
How Flat Fee Works
Here’s the Readers Digest version; we send the collection letters, we make the collection calls. You open the mail and you take the money to the bank.
You can submit any legitimate consumer or business debt. Results will vary and are dependent on a number of factors the most significant of which are the age of the debt and your debtors ability not willingness to pay. For more on results read my blog post The Truth About Collections.
Collection packages are prepaid and include calls, letters and consumer credit reporting. There is no minimum purchase required however we offer discounts for multiple package purchases. Prepaid packages never expire. Click here for Collection Letter Purchase Options. Click here for Plans and Pricing.