A customer or patient isn’t paying his or her bill, and after a few months of mailing letters and making calls, you decide to turn it over to a collection agency.
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Capital Recovery Blog
RECENT POSTS
Capital Recovery Blog
5 Warning Signs that a Debt Collection Agency Call is a Scam
Scammers searching for a quick buck aren’t helping things, so it’s critical that consumers know the difference between a legitimate call about a bill you missed versus someone trying to get your money.
Why and How You Need to Report Direct Payments to Business Debt Collection
When collection agencies call and send bill reminders, they work with your customers on your behalf to collect money that the agency shows as owed, remitting payment to you less a small fee. However, some customers rather not pay the collection agency, they will pay you instead.
How to Accelerate the Collection of Bad Debt with a Commercial Collection Agency
Whether from medical bills, real estate, student loans, or credit cards, debt is never fun to have. For business owners, especially small businesses, the collection of bad debt from customers’ past due bills can take a toll on a company’s cash flow and progress. Let’s...
Hiring a Commercial Debt Collection Agency When Consumers Won’t Answer Their Phones
Time-consuming. Overwhelming. Hopeless. Does this describe your company’s efforts at consumer debt recovery calls? If so, it is time to hire a commercial debt collection agency, also known as third-party debt collection services. Debt collection agencies take over...
What is an Extended Business Office and How Can it Help My Business?
What is an EBO or Extended Business Office? Businesses seeking payment solutions often run into this option and wonder what it means.
Should Your Business Hire a Debt Collection Agency or Work with a Debt Buyer?
If your business team is struggling to collect payments, you are probably researching debt collection and debt buyers. As you dig into both options, you might not be sure about the differences and benefits of each.
Hiring a Debt Collector: What to Look for in an Agency
Easy, safe, and stress-free. Hiring a debt collector allows any business to take appropriate legal action on past due customer delinquent accounts. Especially for customers you’re close to, debt recovery is usually never easy. Surprisingly, many business owners forgo...
Pros of Hiring a Debt Collection Agency
What businesses, especially small businesses, have time to call or send letters to collect money from customer delinquent accounts? Are you afraid of tarnishing great customer relations? Is your accounts receivable department overworked and overwhelmed? Learn why your...
