At Flathmann & Stern, we take pride in what we do and also have the confidence to follow through. We offer a guarantee on all of our services, meaning that you pay nothing unless we collect the debt. Try our debt collection services free today and take advantage of our new client discount.
At Flathmann & Stern, we take a scientific approach to the ordinary debt collection process. With each debtor, a profile is created and a plan of action utilizing proven collection techniques is put into place. What does this mean to you? Your debts get collected at a higher rate and quicker. The reason being, this instills in the debtor a sense of urgency in resolving the debt, ultimately getting you paid. Effective and persistent follow-up is key to our combined success. We have one of the highest rates of debt collection in the industry.
The key to working with a collection agency is giving them the account before it is too late. If you have an account that is over a year old, then the chance of collecting the debt goes down drastically. Ideally, if an account is delinquent for more than 60 days, you should enter the collection process. This gives the agency the best chance to collect the debt and also shows the debtor that you are serious about being paid and will not tolerate late payments.
Part 2 of the business debt collection training tips. Here are more valuable tips for you to watch and learn. Enjoy and good luck collecting.
These are some of the general tips to help you collect your business debts. These are by no means conclusive, but will definitely help you in obtaining a higher percentage of collections.