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Is a collection agency a great place to work?

American Profit Recovery

We are often asked the question of whether working in the collection industry is a smart career choice. And there is no better evidence than earning a spot on the Best Collection Agencies to Work For list for 14 straight years now. Restaurants and retail were shuttered and manufacturing in many regions came to a halt.

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How a Debt Collection Agency Can Help Your Cash Flow

Credit Management Company

Lack of payment from products and services already delivered can make it very difficult to continue doing business, so it's the responsibility of debt collection agencies to increase the flow of revenue so that you can meet payroll and fulfill your other financial obligations. Types of Businesses that Benefit from Debt Collection.

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Industries with the Best and Worst Recovery Rates

Nexa Collect

Based on clients we came across last year (2021), here is the average recovery rate we have seen, along with our collection agency partner(s). No collection agency publically publishes the results they achieve by industry. Retail/Consumer Misc. This is purely our own experience. Recovery Rate. Transportation.

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Small business needs you every day, not just Saturday

American Profit Recovery

At the far end of the spectrum, numerous small retail shops and restaurants closed for good and those that did survive through the pandemic suffered tremendous losses that they now need to work day and night to make up for. What would your downtown look like without small retail shops? Pay a small business on time.

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Could the Recession be good for Debt Collection?

UK debt collections

A recession produces a fragile economy that has its own jeopardy for the debt collection industry. With a rise in Business insolvencies being recorded, it clearly means that the recovery rates for commercial debt collection agencies is falling. The rise in Business insolvencies also means a spike in job losses.

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Cash flow and customers-How fuel dealers build better cash flow

American Profit Recovery

If you are in the oil delivery business or are a propane retailer, then you know the challenges of cash flow. Hire a collection agency that specializes in fuel dealerships. Yes, there are collection agencies out there that are experts in helping fuel and propane distributors with cash flow and getting customers to pay.

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Enhancing Credit Management with Automation and Real-Time Data

Qualco

Supporting various sectors, from banking to retail credit, its expansive ecosystem caters to the diverse needs of organisations managing NPLs, NPEs, and vast credit portfolios, enabling businesses to align operational activity with ever-changing customer behaviour. By Guy Statter , Country Manager, UK & Ireland at QUALCO.